Mathematics (C1 & S1) Flashcards
Standard Deviation (Continuous)
√∑fx²/∑f - (mean)²
Standard Deviation (Grouped)
√∑x²/n - (mean)²
Use of Mathematical Models
- Quick and easy to produce
- Simplify a complex situation
- Improve our understanding of real world as certain variables can be changed
- Enable predications of the future
- Help provide control
Disadvantages of Mathematical Models
- Only give a partial description of a real situation
- Only work for restricted range of values
F(x)
P(X≤x)
E(aX + b)
aE(X) + b
Var(aX +b)
a² Var(X)
What is a statistical model
A statistical process devised to describe or make predictions about the expected
behaviour of a real-world problem.
Advantages of Quartiles
-Uses central 50% of the data
-Not affected by extreme values (outliers)
-Provide an alternative measure of spread to the
variance/standard deviation, i.e. IQR/STQR
Disadvantages of Quartiles
-Not always a simple calculation, e.g. interpolation for a
grouped frequency distribution
-Different measures of calculation – no single argued method
-Does not use all the data directly