Chapter 3 Flashcards
Population Mean
Sum of all values in population divided by number of values in the population.
Parameter
Characteristic of a population
Sample Mean
Sum of all the values in the sample divided by the number of values in the sample.
Statistic
A characteristic of a sample
First property of the Arithmetic Mean
Every set of interval- or ratio-level data has a mean.
Second property of the Arithmetic Mean
All the values are included in computing the mean.
Third property of the Arithmetic Mean
The mean is unique.
Fourth property of the Arithmetic Mean
The sum of the deviations of each value from the mean is zero.
Weighted mean
Special case of the arithmetic mean. It occurs when there are several observations of the same value.
Median
The midpoint of the values after they have been ordered from the smallest to the largest, or the largest to the smallest.
The two major properties of the median are:
- It is not affected by extremely large or small values.
2. It can be computed for ordinal-level data or higher.
Mode
The value of the observation that appears most frequently.
T/F A skewed distribution is symmetrical
False. A skewed distribution is NOT symmetrical.
For a symmetric, mound-shaped distribution, mean, median, and mode are _____.
equal
In a positively skewed distribution, the arithmetic mean is the _______ of the three measures.
(lowest/largest)
largest
In a negatively skewed distribution, the arithmetic mean is the _______ of the three measures.
(lowest/largest)
lowest
In a highly skewed distribution, mean, median, mode are typically in which order?
Mean, median, and mode, starting on the positive or negative side of the respectively positive or negatively skewed distribution.
Largest value - Smallest value =
Range
The simplest measure of dispersion is ______.
Range
Mean Deviation
The arithmetic mean of the absolute values of the deviations from the arithmetic mean.
Population Variance
The arithmetic mean of the squared deviations from the mean.
Population Standard Deviation
The square root of the variance.
What is the process for finding the population variance?
Begin by finding the mean,
Next we find the difference between each observation and the mean and square that difference.
Then we sum all the squared differences
Finally we divide the sum of the squared differences by the number of items in the population
How is the Sample Variance formula different than population variance?
Instead of a denominator of N, we have a denominator of n-1. (This is the same with Sample Standard Deviation.)