Statistics 1 Flashcards

1
Q

Advantages of a mathematical model

A
  • Relatively quick and easy to produce

- They help enable predictions to be made

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2
Q

Disadvantages of a mathematical model

A
  • Simplification of a real world situation may cause errors

- Model may only work in certain conditions

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3
Q

Process of designing a model

A

RDPCCTR

Recognise Devise Predicts Collect Compare Test Refine

Robert Downey Packages Computers Correctly To Recycle

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4
Q

Types of Data

A

Qualitative (non numerical data such as colours or animals)

Quantitative (numerical data)

  • Discrete Data (specific set values in a range)
  • Continuous Data (Any value in a given range/measured)
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5
Q

Skewness formulas

A

Q2-Q1 compared to Q3-Q2

Mode = Median = Mean (increasing is positive, decreasing negative, equal is symmetrical)

3(mean - median) divided by Standard deviation

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