M3: Measures of Center and Variability Flashcards

1
Q

3 Measures of Center

A

a) Mean - Average of all the observations
b) Median - Observation right in the middle
c) Mode - Most frequently occured value

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2
Q

3 Measures of Variability

A

a) Range
b) Variance
c) Standard deviation

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3
Q

Range

A

MAX - min

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4
Q

Variance (s^2)

A

s^2 = sum((x-xi)^2)/n-1

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5
Q

Standard deviation (s)

A

s = sqrt(s^2)

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6
Q

How to use your calculator to get:
a) Standard deviation
b) Variance
c) Mean

A

Make sure

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7
Q

Interpreting the Standard Deviation s

A

a) The larger the standard deviation, the more spread out the data set is
b) s is affected by outliers
c) Best for bell-shaped and symmetric distributions

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8
Q

Empirical rule for bell-shaped / symmetric distribution

A

68% of the observations within 1 stdv of the mean
95% of the observations within 2 stdv of the mean
99.7% of the observations within 3 stdv of the mean

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9
Q

If the mean is equal to the median, which of the following is true?

A

The data is probably symmetric

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10
Q

Distance from the data points to this measure of center always add up to zero

A

Mean

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