Descriptive statistics you can obtain using ratio data include: Frequency distribution. Central tendency: Mode, median, and mean. Variability: Range, standard deviation, variance, and coefficient of variation.
The most common descriptive statistics that are calculate to summarize interval or ratio data are: Central tendency measure (mean, median or mode) Variability measures (e.g. standard deviation of the sample, standard error of the mean, variance)
What Is Ratio Data? A Definition
Ratio data is a form of quantitative (numeric) data. It measures variables on a continuous scale Ratio Data Examples
Now we have an idea of what ratio data is, what are some examples? Let’s take a look. 1. Temperature in Kelvin (0, +10, +20, +30, +40, etc.) 2 How Is Ratio Data Collected and What Is It Used for?
There are many ways to collect ratio data. The chosen method depends on the nature of what you are measuring and how you intend to use the data How to Analyze Ratio Data
In all cases, ratio data is the best type of data to work with. This is because it allows you to apply the entire arsenal of different statistical techniques Summary and Further Reading
In this post, we’ve: 1. Introduced the four levels of measurement: Nominal, ordinal, interval, and ratio. 2 To summarize your data, you can collect the following descriptive statistics: the frequency distribution in numbers or percentages, the mode, median, or mean to find the central tendency, the range, standard deviation and variance to indicate the variability.It's often depicted as a summary of data shown that explains the contents of data. For example, a population census may include descriptive statistics regarding the ratio of men and women in a specific city.