Chapter 3.1 Flashcards
What does a measure of central tendency represent in a data set?
A measure of central tendency represents the center or middle of the data.
Is a measure of central tendency always a typical value in a dataset?
No, not all measures of central tendency are necessarily typical values.
Define the population mean and its symbol.
The population mean, denoted as “μ” (pronounced “mew”), is the average of the population measurements.
What is the formula for calculating the population mean (average)?
The formula for the population mean (average) is:
μ (Population Mean) = ΣX / N
Where:
μ is the population mean.
ΣX represents the sum of all individual measurements in the population.
N is the total number of measurements in the population.
What is the formula for calculating the sample mean (average)?
The formula for the sample mean (average) is:
x̄ (Sample Mean) = ΣX / n
Where:
x̄ is the sample mean.
ΣX represents the sum of all individual measurements in the sample.
n is the total number of measurements in the sample.
What is a population parameter in statistics?
A population parameter in statistics is a numerical value calculated using the measurements from an entire population. It serves as a descriptive measure that characterizes some aspect of the entire population.
Population parameters provide information about the population’s central tendency, variability, or other characteristics, and they are typically used to make inferences and draw conclusions about the population as a whole.
What does “n” represent in the formula for sample mean?
“n” represents the number of sample measurements, and it is referred to as the sample size.
How are sample measurements denoted in formulas?
Sample measurements are denoted as x₁, x₂, …, xₙ, where x₁ represents the first sample measurement, x₂ represents the second, and so on, with xₙ denoting the last measurement.
How is summation notation (Σ) used in formulas for sample mean?
Summation notation Σ is used for convenience in formulas. It represents the sum of terms that follow the symbol.
In the context of the sample mean, Σxᵢ represents the sum of sample measurements, where “xᵢ” is a generic observation in the dataset, and “i” is the index that ranges from 1 to n, indicating where to start and stop summing.
What does a point estimate in statistics represent?
A point estimate in statistics represents a single numerical value that estimates a population parameter, such as the mean, based on a sample.
What does it mean when there is sampling error in a point estimate?
Sampling error refers to the discrepancy between the point estimate (e.g., the sample mean) and the actual population parameter (e.g., the population mean).
It means that the point estimate is not expected to exactly equal the population parameter due to the randomness in sampling.
How does the provided point estimate of 31.56 mpg relate to the population mean (μ)?
The point estimate of 31.56 mpg is an estimate of the population mean (μ), representing the average mileage of all cars.
However, it is subject to sampling error, meaning it may not exactly equal μ. This estimate provides some evidence that the population mean is at least 31 but does not provide definitive evidence.
Definition of median
median (denotedMd)
A measure of central tendency that divides a population or sample into two roughly equal parts.
Definition of mode
mode (denoted Mo)
The measurement in a sample or a population that occurs most frequently.
Typical relationship between mean, meadian and mode.