STATISTICS Flashcards
what are three advantages of the mean
all data is used to find answer
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mathematical centre of a distribution
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basic calculation is easily understood and commonly used
what is a disadvantage of the mean
it can be misleading as it is influenced by outliers meaning data can be skewed
two advantages of the mode
easy to compute and understand
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not affected by outliers
3 disadvantages of the mode
there may be no mode
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multiple modes can be difficult to interpret
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ignores most of data
what are 3 advantages of the median
not influenced by outliers and skewed distributions
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good with ordinal data and can be used with any data type except nominal
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easier to compute than the mean
what are 2 disadvantages to the median
takes a long time to calculate for a very large set of data
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cannot combine medians in statistical calculations
two advantages of the interquartile range
better than the range as only refers to middle half of results so extremes are omitted and can’t affect the answer
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good for ordinal data
two disadvantages of the interquartile range
more time consuming and harder to calculate
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doesn’t use all the data so doesn’t give a full picture of the data set
2 advantages of standard deviation
shows how much data is clustered around the mean value
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gives a more accurate figure than the range because it takes into account all values