5 - Math For Market Analysis Flashcards
1
Q
An ___________ is an observation with an extreme value (outside your typical range)
A
Outlier
5-103
2
Q
The _______ is a measure of central tendency. The arithmetic average
A
Mean
5-105
3
Q
The _________ is a measure of central tendency identified as the middle value in an ordered array of numerical values
A
Median
5-106
4
Q
The _______ is a measure of central tendency consisting of the numerical value or categorical characteristics that occurs most frequently in a sample or population
A
Mode
5-106
5
Q
The _______ is the difference between the highest and lowest values in a set of numbers
A
Range
5-106
