Lean Six Sigma Training Flashcards
TO BE A CLSSYB
refers to the central or typical value around
which data points tend to cluster.
central tendency
Central Tendency refers to the
central or typical value around
which data points tend to
cluster. Usually called as __________
averages
what are the measures of central tendency?
mean, median, mode
this measure of CT sums all the values in the data-set and divides it by the total number of values
mean
this measure of CT uses the most common value
mode
this measure of CT arranges in order all the values (highest ->lowest) and picks the middle value
median
data set = 1,2,3,4,5
(1+2+3+4+5)/5 is an example of which measure of CT?
Mean
data set =2,3,4,5,3,6
= 3
is an example of which measure of CT?
3
data set = 5,2,1,4,3,3
= 5,4,3,3,2,1
= (3+3)/2
is an example of which measure of CT?
Median
Arithmetic Mean (or, simply, “mean”) is ________
nothing but the average
is calculated when certain values
in a data set are more important than the others.
weighted mean
an appropriate measure when
values change exponentially
geometric mean
when is harmonic mean appropriate to be used?
in situations where the reciprocals of values ar more useful
what does the central limit theorem state?
regardless of the shape of the population
distribution, the sampling distribution of
the sample mean will approach a normal
distribution as the sample size increases.
Samples are selected randomly
from the population to ensure that they are
representative
random sampling