Descriptive Statistics Flashcards
What are the measures of central tendency?
Mean, median and mode.
What is an advantage and a disadvantage of mean?
+Interval data.
-Influenced by outliers.
What is an advantage and a disadvantage of median?
+Ordinal data.
-Doesn’t use all data.
What is an advantage and a disadvantage of mode?
+Nominal data.
-Not useful if there are multiple modes.
What are the measures of dispersion?
Range and standard deviation.
What is an advantage and a disadvantage of range?
+Easy to calculate.
-Affected by extreme values.
What is an advantage and a disadvantage of standard deviation?
+Precise measurements.
-Affected by extreme values.
The higher the standard deviation,
the further spread the data is from the mean.