L05 - Critical Thinking About Numbers Flashcards
Cardinal Numbers
Numbers used to express quantity (i.e. one, two, three …).
Correlation
Factors that can be seen to occur together, yet between which no causal relationship has been established; two phenomena or variables that co-vary in predictable ways across different circumstances.
Fallacy of Linear Projection
To commit this fallacy is to suppose that the rate observed over a given range can be applied to another unobserved range.
Mean
An arithmetically calculated average, representing the sum of the values of a sample divided by the number of elements in that sample.
Median
The element in the sample having the following property: half of the remaining elements have a greater value and half have a lesser value. (When there is an even number of elements (hence no single central value), the median is usually taken to be the mean of the two central ones.)
Mode
The most frequently occurring value.
Ordinal Numbers
Numbers used to show the order of sequence (i.e. first, second, third, …).
Percentage
Rate per hundred; x number out of one hundred.
Percentile
A term used to numerically rank values by how they compare to other values.
Representative Number
A number used as a representation of a state of affairs, which purports to capture a feature of that state of affairs.