Beyond Averages: How the Five-Number Summary Reveals What Your Marketing Data Is Hiding
Marketers are flooded with metrics: campaign performance, customer data, A/B test results, and more. But what happens when you dig beyond averages? The five-number summary is a statistical tool that gives you a deeper view of your data’s distribution—allowing you to spot outliers, skew, and hidden patterns that averages alone miss. In this post, we’ll break down the five-number summary, walk through a marketing-focused example, and show you exactly how to use it to improve decision-making and communication with stakeholders. What Is the Five-Number Summary? The five-number summary consists of: This summary is the basis for box plots, a visualization