Probability and Statistics 2 Flashcards

1
Q

Indicate the extent which the data differs from each other

A

Dispersion measures

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2
Q

Definition of dispersion measures

A

Indicate the extent which the data differs from each other

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3
Q

Most relevant central trend measures

A

Arithmetic mean, median and mode

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4
Q

Considered the most important central trend measurement for quantitative variables

A

Arithmetic mean

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5
Q

Fundamental central trend measure for qualitative measures or when we are interested in the majority

A

Mode

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6
Q

Central trend measures important for ordinal qualitative variables and in certain special quantitative variables

A

Median

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7
Q

Value of the variable that has the highest frequency; that is, the value that is most repeated in the population or sample.

A

Mode

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8
Q

Symbol for mode in a sample

A

x^ (on top of each other)

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9
Q

x^ (on top of each other) meaning

A

Mode in a sample

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10
Q

Mode

A

Value of the variable that has the highest frequency; that is, the value that is most repeated in the population or sample.

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11
Q

Most commonly used central trend measure

A

Arithmetic mean

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12
Q

Also known as average

A

Arithmetic mean

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13
Q

Other name for arithmetic mean

A

Average

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14
Q

Definition of arithmetic mean

A

Sum of the values of all observations divided by the total number of observations

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15
Q

Sum of the values of all observations divided by the total number of observations

A

Arithmetic mean

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16
Q

Symbol for arithmetic mean

A

17
Q

A

Arithmetic mean