Machine learning

Stage 2 · Lesson 8 of 9

Descriptive statistics

The maths you need

Before modelling anything, summarise it. The is the average, the median is the middle value, and the standard deviation is the typical distance from the mean. and the interquartile range (the spread of the middle half of the data) describe spread without being thrown by extremes.

Correlation measures how closely two variables move together in a straight line, from -1 to 1. These numbers are the first thing you check when exploring data, and the words you use to explain results.

Common trapThe traps are well known but keep repeating. The mean is dragged by : one billionaire makes average income meaningless, so the median is better. A correlation near zero does not mean no relationship, only no straight-line one. And correlation never proves causation on its own.

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