Descriptive Statistics Flashcards
What is central tendency in statistics?
Central tendency refers to the middle of a dataset, representing its center or typical value
What are the three main measures of central tendency?
Mean (μ) – The average value
Median (Md) – The middle value when data is ordered
Mode (Mo) – The most frequently occurring value
How do you calculate the mean?
How do you determine the median?
What is the mode and when is data bimodal or multimodal?
The mode is the most frequently occurring value in a dataset
Bimodal: Two modes exist
Multimodal: More than two modes exist
What are percentiles?
Percentiles divide ordered data into 100 equal parts, indicating the percentage of values below a certain point
What are quartiles and their relation to percentiles?
Q1 (25th percentile) – Lower quartile (median of the lower half)
Q2 (50th percentile) – The median of the dataset
Q3 (75th percentile) – Upper quartile (median of the upper half)
How is the interquartile range (IQR) calculated?
IQR=Q3−Q1
What is a potential outlier based on IQR?
A value is an outlier if it is:
Morethan1.5×IQRbelowQ1oraboveQ3
What are the key measures of variation?
Range – Difference between max and min values
Variance (σ²) – The average squared deviation from the mean
Standard Deviation (σ) – The square root of variance, measuring data spread
How do you interpret standard deviation?
A small standard deviation means values are close to the mean
A large standard deviation means values are more spread out