Measures Flashcards

Mean, median, mode, dispersion, asymmetry, position, relationship.

1
Q

What is mean?

A

Average

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2
Q

What is median?

A

Middle value or midpoint of a set.

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3
Q

What is mode?

A

The value that occurs most often.

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4
Q

What are measures of dispersion?

A

The study of SPREAD or DISTRIBUTION of the data in a population.

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5
Q

What is range?

A

The DIFFERENCE between the LARGEST and the SMALLEST values within a set.

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6
Q

What is variance?

A

Measures how SPREAD OUT the data points in a set are FROM THEIR MEAN VALUE.

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7
Q

What is standard deviation?

A

The SQUARE ROOT of the VARIANCE.

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8
Q

What is negative skewness?

A

When the curve is skewed towards the RIGHT.

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9
Q

What is positive skewness?

A

When the curve is skewed towards the LEFT.

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10
Q

What is zero skewness?

A

Normally distributed data (undefined skewness).

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11
Q

What are measures of asymmetry?

A

Skewness - positive, negative or zero

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12
Q

Name 3 common measures of position.

A

Percentiles
Quartiles
Standard Scores

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13
Q

What is a Percentile?

A

Elements in a set divided by 100 equal parts.

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14
Q

What is a Quartile?

A

Ordered data that is divided into 4 equal parts.

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15
Q

What are measures of relationship?

A

Used to find SIMILARITIES between DIFFERENT VARIABLES.

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16
Q

What is Correlation?

A

How strongly two variables are related to each other.

17
Q

What is the range of correlation?

A

-1 to 1

18
Q

What is Correlation also known as?

A

Pearson correlation coefficient

19
Q

What does -1 indicate in correlation?

A

Perfect negative correlation

20
Q

What does 1 indicate in correlation?

A

Perfect positive correlation

21
Q

What is covariance?

A

Measures relationships between variables