Formulae. Flashcards
Stratified sample =
(Strata / total) x sample size
Pearson capture - recapture:
( Num in 1st x num in 2nd ) / num in 2nd that are marked
Angles in a pie chart =
(360 / total frequency) x frequency for each class
Frequency density of histograms =
Frequency / class width
Mean of discrete data =
Sum of all values / number of values
Mean in a grouped frequency table =
Sum of (frequency x midpoint) / sum of frequencies
Weighted mean =
Sum of (weight x value) / sum of weights
Outliers =
Values > UQ + (1.5 x IQR)
OR
Values < LQ - (1.5 x IQR)
Skewness by inspection :
Positive skew - distribution is shifted leftwards
No skew - symmetrical distribution e.g. normal distribution
Negative skew - distribution is shifted rightwards
Seasonal variation =
Actual value - trend value
Mean point on scatter diagrams =
(Mean of x values, mean of y values)
Index number =
(Price / base year price) x 100
Weighted index number =
Sum of (index number x weight) / sum of weights
Chain base index numbers =
( Price / last year’s price ) x 100
Standard population =
( Number in age group / total population ) x 100