descriptive statistics Flashcards
what does descriptive statistics mean ?
summarization of data in the means of numbers
what are the most common use of measure of descriptive statistics ?
measure of central tendency
measure of dispersion
what are the most commonly used measure of central tendency ?
the mean or the average
the median
the mode
what is the arithmetic mean or average ?
sum of all the values divided by the total number of values
what are the advantage of the arithmetic mean ?
- simplicity
- uniqueness
- takes into account all values of the data
what are the disadvantges of the mean ?
distorted by extreme values
cannot be used for qualitative data
what is the median ?
the numbers are put into order from smallest to larger and the number in the middle is the median
if there is an odd number of numbers how is the median calculated ?
n+1
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2
what are the advantages of the median ?
simplicity
uniqueness
not affected by extreme values like the mean
what are the disadvantages of the median ?
doesn’t take into account all values of the sample
what is the mode ?
is the number with the highest frequency in the set of values
what are the advantages of the mode ?
- simplicity
2 .the mode is not affected by extreme values - used for both quantitative and qualitative data
what are the disadvantages of the mode ?
- doesn’t take into account all values of the sample
2 .may not be a mode for the data
3 .might be more than one mode for a set of data
what does the measure of dispersion mean ?
shows the variability of a set of data
what are the different ways to measure dispersion ?
the range
variance
standard deviation
coefficient of variation