Data, Inference, and Decisions
The five-number summary is a statistical tool that provides a quick overview of a dataset by summarizing its distribution through five key values: the minimum, first quartile (Q1), median (Q2), third quartile (Q3), and maximum. This summary helps in understanding the spread and center of the data, making it essential for visual representations like box plots, which visually depict these five values, as well as helping to inform the creation of histograms and scatter plots.
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