3.2 Measures of Spread Flashcards
Range
Largest minus Smallest
Population Variance
Square of the polulation standard deviation.
Sample Variance
Square of the sample standard deviation.
Sample Standard Deviation
Measures the average distance the data values deviate from the mean. Represented by the symbol “S”.
Population Standard Deviation
Measures the average distance the data values deviate from the mean. Represented by the symbol “σ”.
Empirical Rule
When a population is approximately bell shaped, approximately 68% of the population will be within 1 standard deviation from the mean. Approximately 95% will be within 2 standard deviations of the mean. Almost all of the data will be within 3 standard deviations of the mean.
Chebyshev’s Inequality
In any data set, the proportion of the data that will be within k standard deviations of the mean is at least: 1-(1/k2).
Coefficient of Variation
Found by dividing the standard deviation by the mean.
CV = σ/µ