Histograms Flashcards
What is often refered to as bins
The range of the data divided into intervals of equal width
What is a histogram
The plot of bars, one for each bin with heights proportional to the number of observations in the corresponding bin
What does the height of the bar represent
Number in each interval
Can the number expressed as a proportion of the total number of observations in the sample give a picture of the data distribution which is not DEPENDANT OF SAMPLE SIZE
Yes
Why must analysts exercise judgement in the choice of number of bins (intervals)
Small number of bins- very little indication how the heights are distributed
Increasing the number of the bins can give you a better picture
If there are too many bins there will be too little smoothing of the data and the histogram will start to look jagged
What does a histogram show
The entire sample and allows the FULL DISTRIBUTION of the SAMPLE to be viewed not just a graphical version of the five number summery
When a sample size increases…
Deeper aspects of the nature of the distribution may become more apparent
Are all histograms normally distributed
The data is not always normally distributed i.e. bell shaped distribution