Lesson 4: Measures and Visualization of Variability Flashcards

1
Q

Tail is on the left side

A

Negatively skewed

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2
Q

detailed version of range

A

quartiles

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3
Q

How to get the median?

A

sort the data from highest to lowest or vice versa

=MEDIAN (dataset)

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4
Q

Steps to create a boxplot

A
  1. highlight the range (sorted from LH or HL
  2. insert - box and whisker
  3. Add label
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5
Q

Tells us whether there is an outlier or none

A

Box plot

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6
Q

Relatively symmetric (description, boxplot)

A
  • median coincides with the mean
  • the boxplot is partitioned equally
  • skew = certain value
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7
Q

Positively skewed (description, boxplot)

A
  • skew to the right
  • mean is greater than the median
  • the box plot is partioned with the upper area bigger than the lower area
  • many outliers are extending towards bigger value
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8
Q

Negatively skewed (description, boxplot)

A
  • skewed to the left
  • median is greater than the mean
  • the boxplot is partitioned with the upper area lower than the lower area.
  • many outliers are extending towards smaller value
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9
Q

To determine if it is outlier or not, we use _____________.

A

Interquartile range

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10
Q

Formula of IQR

A

IQR = Q3 - Q1

Note: 1.5* IQR

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11
Q

Get the new maximum value (use IQR)

A

Q3 + (1.5*IQR)
= New Max value (all data beyond the new max value is considered as an outlier)

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12
Q

Get the new minimum value (IQR)

A

Q1 - (1.5* IQR)
= new minimum value ( all data below new min value is considered as an outliers)

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13
Q

Divides the data points in four equal parts

Provides information on the spread of the data

A

Quartiles and Percentiles

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14
Q

Causes of outliers

A
  1. Data entry and measurement errors
  2. Sampling problems
  3. Natural Variation
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15
Q

A term used in statistics to express how a score compares to other scores in the same set.

A

Percentile

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16
Q

50th percentile is also known as …

A

Median

17
Q

A type of quantile which divides the number of data points into four parts, or quarters of more-or-less equal size.

A

Quartile

18
Q

The value at which 25% of the answer lie below that value, and 75% of the answers lie above that value.

A

25th Percentile

19
Q

The difference between the third and first quartiles

A

Interquartile range

20
Q

Extreme values that standout greatly from the overall pattern of values in a dataset or graph.

A

Outliers

21
Q

A chart that shows data from a five-number summary including one of the measures of central tendency

A

Box plot

22
Q

The value at which 50% of the answers lie above that value and 50% of the answers lie below that value

A

50th Percentile

23
Q

The value at which 25% of the answers lie above that value and 75% of the answers lie below that value.

A

75th Percentile

24
Q

Decisions And Outcomes:

A

Data-Analysis-Insights-Decision-Outcomes