Measures Of Location Flashcards

1
Q

What does xi stands for?

A

Value of observation i

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2
Q

Why do we use sample mean?

A

When we want to approximately calculatr mean for entire population u

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3
Q

What does sided M means?

A

It is the summation symbol.

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4
Q

Weighted mean formula

A

Σ(WiXi)/Σ(Wi)

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5
Q

How to calculate geometric mean?

A

Me n e xarisxis fesvi x1x2x3…

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6
Q

How to calculate pth percentile and what its symbols stand for?

A

L=(p/100)*n
L-location of pth percentile
P=desire percentile(25th perc)

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7
Q

What is a mode?

A

It is the value that occurs with greatest frequency.

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8
Q

If L is a whole number what will average will be?

A

Lth and (L+1)

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9
Q

If L is not a whole number?

A

Round up to the next integer and use that value.

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