Lesson 2: Descriptive Statistics Flashcards
Population
the entire collection of people, animals, cells, or other things from which we collect data
Parameter
A number that is calculated from an entire population
Sample
A subset or group drawn from the population
Statistic
A number or quantity that is calculated from a sample of data
Descriptive Statistics
Statistics that describe the sample without attempting to generalize the results to other groups or populations
Inferential Statistics
Statistics that infer the likelihood that the results can be generalized to the population
Measure of Central Tendency
A single value that attempts to describe the central position of a set of data
Mean
Average Value
Median
Middle Value
Mode
Most frequent value
Measure of dispersion/variation
A value that describes how the data are dispersed around the measure of central tendency OR the extent to which individual values differ from the mean/median/mode
Standard Deviation
On average, how much individual values differ from the mean
Variance
How far a set of numbers is spread out from the mean
Range
The difference between the largest & smallest value in the data set
Interquartile Range
A measure of the “middle fifty” in the data set AKA the difference between first and third quartile of the data