Chapter 2: Describing Distributions w/Numbers Flashcards

1
Q

Numerical summaries

A
  • Measures of centre (mean, median)

- Measures of variation (range, quartiles, 5 #, variance, SD

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2
Q

Location of median

A

L(M)=(n+1)/2

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3
Q

Comparing mean and median

A
  • Close when distribution is nearly symmetric
  • Mean is more affected by outliers (good when you’re not concerned about distribution, like $/person)
  • Median is outlier-resistant, more helpful for actually finding middle
  • Decision depends on use, mean usually wins b/c it’s easier
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4
Q

Point of quartiles/5 # summary

A

-Boils large set of data down into a few meaningful numbers

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5
Q

Standard deviation

A
  • Size of typical deviation f/mean

- First compute variance, then take square root

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