Statistics Flashcards
Descriptive Statistics
Summarises data with numbers and diagrams and describes the data.
Inferential Statistics
Draw conclusions and predictions about whole population.
Weighted Average
Multiply the number by the amount of times it shows up instead of just constantly adding the same number.
Sample Standard Deviation
Sqrt(1/n-1*(sum(number-average)^2))
Reversal Curse
AI can prove A = B, but not B = A.
Should I use the mean?
Easy to calculate but deceptive.
Should I use the median?
Good for skewed distributions (when data is one sided) but does not always belong to the sample (even amount of data for example results in a result which is not in sample)
Should I use mode?
Always belongs in the sample but can be inaccurate when determining the centre of the sample set.
Geometric Mean
(Product(a_i))^1/n
The geometric mean is always smaller than the arithmetic mean.
Quartiles
1st Quartile -> median between beginning of sample and median.
2nd Quartile -> the median.
3rd Quartile -> median between the median and the end of the sample.
Interquartile Range
Found by subtracting the third quartile from the first.