1. MEASURES OF CENTRAL TENDENCY Flashcards
1
Q
- What is the Mode?
A
- this is the most common value of the data variable
2
Q
- What is the Median?
A
- this is the middle point of the distribution
- it is the value such that half of the observed values are
smaller than the median
AND the other half of the observed values are larger
than the median
3
Q
- What is the Mean also known as?
A
- the Arithmetic Mean
- the Average
4
Q
- How do we calculate the Mean?
A
- we add all the values together
- we then divide them by the number of values there are
5
Q
- What does the Mean play a very important role in?
A
- it plays a very important role in Normal Distribution
- this is because most values are clustered around the
mean
6
Q
- In Normal Distribution, what can be said about the measures of Central Tendency?
A
- the Mean, Median and Mode are all equal to each
other - the Arithmetic Average tends to be he most common
value and the Centre of Distribution
7
Q
- Provide a definition for Dispersion?
A
- how much the variable varies and spreads around the
central location
8
Q
- How is the Range calculated?
A
- we take the Maximum Value (the largest one)
AND we subtract the Minimum Value (the smallest one)
from it
9
Q
- What can be said about the benefits of the Range?
A
- it is easy to compute
10
Q
- What are the disadvantages of the Range?
A
- it is not very informative
- it considers only two observations
(the smallest and the largest) - it will be highly affected by extreme values
11
Q
- How are Quantiles deduced?
A
- the values are sorted from minimum to maximum
- the values are then split into parts
12
Q
- What are Tertiles?
A
- this is the splitting of a numeric variable into 3
categories
13
Q
- What are Quartiles?
A
- this is the splitting of a numeric value into 4 categories
14
Q
- What are Quintiles?
A
- this is the splitting of a numeric value into 5 categories
15
Q
- What is the Q1 Value?
(the first Quartile value)
A
- this is the value at which 25% of the observed values
are smaller than it - it is also known as the 25th Percentile