math skills Flashcards
mean
measure of central tendency, it shows the average or expected value in a set of data
strengths of mean
easy to calculate, gives a precise value, useful for statistical tests
weakness of mean
can be affected by outliers(causing skew), gives value not in the OG data set
median
middle value in a set of data that is organised by increasing value
strength of median
not affected by outliers, will always give value from OG data set
weakness of median
not useful for statistical tests, requires sorted and ordered data
mode
provides most frequent or common value in data set
strength of mode
useful way of calculating avg when data is nominal
weakness of mode
the mode may not represent the data in an accurate way because there can be multiple or none at all
range
measure of dispersion- the difference between the highest and lowest value in a set of data
strength of range
easy to calculate, gives an idea of the spread of data
weakness of range
is affected by outliers and is not useful for other statistical calculations
calculating Standard deviation (SD)
calculate mean
sub mean from all data values (new value=d)
square each value of d
add up all the D^2
divide this number by N (number of values in the data)
square root the final value
what is a -1 correlation
perfect negative correlation
what is a +1 correlation
perfect positive correlation