Module 2 - Probability: Concepts & Distributions Flashcards

1
Q

Normal Distribution

A
  • Bell curve
  • Bigger values in the middle
  • Sides are mirror images
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2
Q

Histogram

A

Frequency diagram that shows the distribution of the results

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3
Q

n

A

-Total number in sample

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4
Q

Range

A
  • The difference between the largest and smallest observation values
  • Measures variability & shows how spread the data is
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5
Q

Median

A
  • Splits values into 2 groups when they are ordered lowest to highest
  • If the number of values is even it’s the midpoint between to 2 middle values
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6
Q

Mode

A

The value that occurs most frequently

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7
Q

Mean

A

Average

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8
Q

When the data has a symmetrical distribution…

A

The mean, the mode, & the median are the same

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9
Q

In skewed distributions

A
  • The mean lies toward the direction of the skew

- The mean is between the median and the tail

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10
Q

Weighted average

A

The mean when you combine 2 different samples to evaluate the same variable

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11
Q

Bimodal frequency distribution

A

Distribution has 2 distinct mounds in the distribution

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12
Q

Deviations

A
  • The difference between any observed value & the mean

- Broken into sections of equal distance from the mean

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13
Q

Variance

A

Average of the squared deviations

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14
Q

Empirical Rule

A

If the histogram of the data is approximately bell shaped:

  • 68% w/in 1 SD
  • 95% w/in 2 SD
  • 99% w/in 3 SD
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