Mean, Median, Standard deviation Flashcards
Module 2: Handout 4, handout 5
What are the two important ways to find the middle of a distribution?
mean and median
Sample mean/average formula
x with line above it=(Sum of all x’s)/(n data values)
population mean/average formula
Mu=(Sum of all x’s)/(N data values)
i can’t use fancy math symbols
Is the population mean and the sample mean calculated the same way?
Yes, “Mu” and “x with a line above it” are calculated the same
Sample mean example: Baseball players age
Add up all the ages of each player, then divide the number of players = the average of baseball players age
How do you find median?
First, order/rank the data from least to biggest (vice versa), second find number that is at the middle point
When finding the median, what if there are two numbers at the center?
Find the average of the two numbers by adding the two numbers together, then divide it by two
How to find the mode? (Less commonly used measures of center)
The mode is the most common data value (Some problems don’t have a mode)
How to find the midrange? (Less commonly used measures of center)
Averaging the smallest value and largest value. Add small and large values then divide by two
What is standard deviation for?
It measures the amount of variation in a set of data. By variation, i mean how dispersed is the data.
What does less variation mean?
Less variation signifies that a data set is more closely placed, like “1,2,3,4,5” whereas the opposite is “1,29,51,82,97” since it is more dispersed
Find formula of standard deviation for population and sample
in red notebook
Find variance formula
in red notebook