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Math Says Yes
Concept
Summary Statistics
Summary statistics compress a dataset into numbers such as the mean, variance, correlation, or regression line. They are useful, but they can hide shape, outliers, clusters, and curved relationships that a graph would reveal immediately.
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Lessons
Summaries Need Pictures
Means, variances, correlations, and regression lines can match while the underlying data tell completely different stories.
Related Facts
Data Tricks
5 min · easy
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Standard error vs standard deviation: spread vs precision
Standard deviation describes spread among individual values. Standard error describes uncertainty in an estimate such as the mean.
Data Tricks
5 min · easy
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Mean vs median: which average should you use?
The mean shares the total equally. The median finds the middle case. In skewed data, those can tell very different stories.
Data Tricks
4 min · easy
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Anscombe's quartet has the same statistics and different stories
Four datasets can share almost the same mean, variance, correlation, and regression line, yet look completely different when plotted.
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