In data analysis, descriptive statistics like the mean, median, and mode help summarize and understand the underlying patterns in the data. Python’s NumPy library, widely used in data science, provides optimized functions to compute these statistics efficiently. This Answer explains how to calculate these measures using NumPy, providing you with the tools needed for data analysis and exploratory data analysis (EDA).
In NumPy, we use special inbuilt functions to compute mean, standard deviation, and median.
Mean
The mean gives the arithmetic mean of the input values. It’s a measure of central tendency that provides the “average” value. It calculates by taking the sum of elements divided by the total number of elements.
Usage of mean
The mean is widely used in applications where you need a measure of the average, such as:
- To calculate average returns or stock prices.
- To compute the average score of students.
- To analyze average patient age, weight, etc.
The syntax for the Numpy mean function is numpy.mean()
or np.mean()
.