Important Characteristics of Data
- Center - The representative or average value which indicates where the middle of the data is located.
- Variation - the measure of the amount which the data values vary among themselves.
- Distribution - The nature and shape of the distribution of the data (such as uniform bell-shaped, or skewed).
- Outliers - Sample values which lie very far away from vast majority of the other sample values.
- Time - Changing the characteristics of the data over time.