Topic 3: Data Visualization and Measure of Central Tendencies Flashcards

1
Q

The statistical measure that identifies a single value as representative of an entire distribution.

A

typical value

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

A graph or data set organized to show the frequency of occurrence of each possible outcome of a repeatable event observed many times.

A

frequency distribution

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

The middle number in a sorted, ascending or descending list of numbers.

A

median

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

A type of distribution in which more values are concentrated on the right side of the distribution graph while the left tail of the distribution graph is longer.

A

negatively skewed

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

A set of data is the difference between the largest and smallest values

A

range

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

The value that appears most frequently in a data set

A

mode

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Excel formula to get the mean of a data set.

A

=average(data)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

The distributions that occur when the long tail is on the right side of the distribution.

A

positively skewed

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

The average of the given set of values.

A

mean

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

A chart that plots the distribution of a numeric variable’s values as a series of bars.

A

histogram

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

Sources of Data - MANUAL

A

AUDITS
INSPECTIONS
SURVEYS
WARRANTS
INVOICES
CLAIMS

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

Sources of Data - AUTOMATED

A

POS System
IoT (Internet of things)
Sensors

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

EXCEL VISUALIZATION

A

Pie
column
statistical
hierarchy
X Y scatter plot
Waterfall
combo
Line
Maps

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

Data Visualization purposes

A

Comparison; Composition; Relationship; Distribution

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

is a measure of symmetry

A

skewness

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

range is greater than number of data we wil use

A

Histogram

17
Q

range is less than number of data we wil use

A

frequency distribution

18
Q

Skewed to the Right ; The right tail is longer

A

positively skewed (> + 1) use MEDIAN

19
Q

Skewed to the left ; The left tail is longer

A

negatively skewed (< - 1) use MEDIAN

20
Q

between -1 & + 1 or anything +0/-0

A

Relatively symmetric use MEAN

21
Q

For symmetric distributions, the mean, median, mode almost coincide USE ___ Instead

A

MEAN

22
Q

Decision & Outcome process (6)

A

Data > Analysis > Insights > Decision > Action > Outcome

23
Q

is a measure that captures the typical user’s experience.

A

MEDIAN

24
Q

3 ways to get Typical value

A

Range
Measure of central tendencies (Mean, median, mode)
Skewedness

25
Q

center/middle value

A

typical value (mean)

26
Q

It shows the dispersion/spread of ur data within the data sets.

A

range

27
Q

It contains all data use have in a particular sets/column highlighted.

A

range

28
Q

To describe what kind of distributions of the data is this.

A

skewedness

29
Q

Using Skewness, we can now determine what the typical value of data is. And we will use ANY OF MEASURE OF TENDENCIES to determine the typical value.

A

True