JB Statistics Flashcards
mean
sum of terms / number of terms
average of numbers in AP
(first + last) / 2
or
[ 2a + (n-1)d ] / 2
weighted avg formula
two groups have weights = x & y
two groups have avg = p & q
( px + qy ) / x + y
median(for odd number of terms) =
middle term = (n+1)/2 TH term
median(for even number of terms) =
avg of two middle terms = n/2 TH and (n/2) + 1 TH term
median of numbers in AP
(first + last) / 2
or
[ 2a + (n-1)d ] / 2
relation b/w median and mean for numbers in AP
median = mean
mode
term with max frequency
Range
max value - min value
Standard deviation =
√ ( { [ x1-x(avg)]^2 + [x2-x(avg)]^2 +…+ [xn-x(avg)]^2 } / n )
Variance =
{ [ x1-x(avg)]^2 + [x2-x(avg)]^2 +…+ [xn-x(avg)]^2 } / n
Relation b/w standard deviation & Variance
Variance = ( S.D. ) ^ 2
Relation b/w SD and Range
SD<= range/2
Normal distribution with:
m = mean
d = standard deviation
Another term - symmetric around the mean
Positive side of bell curve = 50%
m to m+d = 34%
m+d to m+2d = 14%
> m+2d = 2%
Negative side of bell curve = 50%
m to m-d = 34%
m+d to m-2d = 14%
< m-2d = 2%