Modules 14 15 16 Flashcards
Both sets of data increase together
Positive association
Describes how sets of data are related
Association
As one dataset increases the other decreases
Negative association
A set of closely grouped data
Cluster
A data point that is very difficult from the rest of the data in a set
Outlier
A straight line that comes closest to the points on a scatterplot
Trend line
Graph with points plotted to show the relationship between two sets of data
Scatterplot
The distance between each data value in the mean of the data set
Mean absolute deviation
The sum of a set of data divided by the number of Items and the data set
Mean
The amount of money charged for Borrowing are you using money
Interest
A fixed percent of the principal
Simple interest
Interest earned or paid on principal and previously earned or paid interest
Compound interest