Calling this function returns several measures for a given column or expression, namely the minimum, maximum, mean, and sample standard deviation. (When using this function, the output option to store the tabular output in the database, that is create a table or view, cannot be used, nor can the analysis be referred to for input or referred to as a derived table by using the generate SQL only option.)
When dragging a Describe element into a variable, the following tree element is created.
Variable Creation > Input > Variables: SQL Elements pane - Aggregation > Time Series > Describe

A literal or column expression can be moved over the (empty) branch of the tree. The option to Use only the DISTINCT values in the expression is provided, resulting in the generation of DESCRIBE(DISTINCT ...). This option is enabled through the Properties panel. Double-click on Describe, or highlight it and click Properties.
Variable Creation > Input > Variables: SQL Elements pane - Aggregation > Time Series > Describe Properties
