Want a quick snapshot of your data's distribution? Look no further than the 5 Number Summary! It's a powerful tool that boils down complex datasets into five key values:
* **Minimum:** The smallest value in your data.
* **Q1 (First Quartile):** The value that separates the bottom 25% of the data.
* **Median (Q2 or Second Quartile):** The middle value, splitting the data in half.
* **Q3 (Third Quartile):** The value that separates the top 25% of the data.
* **Maximum:** The largest value in your data.
By knowing these five numbers, you can quickly grasp the center, spread, and skewness of your data. Imagine comparing the salaries of two companies; the 5 Number Summary can reveal which has a higher median salary, a wider range of pay, or potential outliers dragging down the average. Use it to create box plots for easy visualization and comparison. The 5 Number Summary is your secret weapon for data understanding!
