Quantitative Analysis Flashcards

1
Q

Summarize and organize raw data to provide a “CLEAR OVERVIEW”

A

Descriptive Statistics

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2
Q

Generalize findings from the sample to the “broader population”

A

INFERENTIAL

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3
Q

“AVERAGE” value

A

MEAN.

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4
Q

“MIDDLE” VALUE

A

Median

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5
Q

MOST” FREQUENT” VALUE

A

Mode

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6
Q

Different between “highest” and “lowest” value.

A

RANGE

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7
Q

“Average” deviation from the mean.

A

STANDARD DEVIATION

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8
Q

“Square” of the standard deviation

A

VARIANCE

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