Ch.4 Flashcards
What falls under qualitative data? (3)
- absolute numbers
- percentages
- proportions
What falls under quantitative data? (3)
- summary measures of location
- summary locations of spread
- summary measures of position
What are summary measures of location? (3)
- mean
- median
- mode
What are summary measures of spread? (4)
- Range
- Variance
- standard deviation
- coefficient of variation
What are summary measures of position? (2)
- Percentiles
- Quartiles
Define summary measures of location:
summarizes information and indicates which numbers tend to aggregate the values of the variable
-tendency for the values of a random variable to cluster round its mean, mode, or median.
What is another name for summary measures of location?
central tendency measures
Mean of a population is represented by what character?
μ
What is the median?
middle value
What is it called when there are two modes?
bimodal distribution
What is the spread/variability?
Measures of dispersion.
Variability = indicators
of the homogeneity of the values
- more distant from mean = data is more dispersed
- higher value of dispertion = greater variability = less homogenous
What is range?
difference between upper and lower value
What is average deviation?
measures variability of data around the mean/avg distance to the mean
-add all the distances of each observation to the mean divided by number of observations
When do you use variance versus sample variance?
sample is a sample of the population
Variance is total population
The units of standard deviation are the same or different than the variable?
same