Chapter 3: Measures of Variability Flashcards
Range
Largest value minus the smallest value
Con: swayed by outliers
Interquartile Range
The range of the middle 50% of the data
Pro: less influenced by extreme values
Five Number Summary
- Smallest value (within the inner fences)
- Q1
- Q2
- Q3
- Largest Value (within the inner fences)
Used to create box and whisker plots
Outlier Identification
Mild: any observation that falls above or below the mild fences (represented by a circle or dot)
Extreme: any observation that falls above or below the extreme fences (represented by an asterisk)
See formula sheet
Deviation Score
the difference between an observation and the mean
These scores MUST be squared to compute variance because they add up to zero
Total Variability
sum of squares
Variance
The average squared distance from the mean
Degrees of Freedom
(n-1)
The denominator for the sample variance formula → makes the sample variance an unbiased estimator
Standard Deviation
The average distance from the mean
Coefficient of Variability
average relative distance from the mean
Empirical Rule
FOR NORMAL DATA ONLY
identifies the percent of data that fall within a specified number of standard deviations from the mean
Chebychev’s Theorem
FOR ALL TYPES OF DATA
identifies the MINIMUM percentage of data that fall within a specified number of standard deviations from the mean