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dispersion and variability
generally that mean same thing in statistics
they both refer to how spread out or scattered the data values are in a dataset
outlier
is a data point that is significantly higher or lower than most of the other values in a dataset
can affect variability measures like the range and standard deviation
consistency
refers to how similar or close the values in a dataset are to each other
less variability means higher consistency
skewed distribution
is where data is not evenly spread, and one tail is longer than the other
symmetric distribution
is where the left and right sides are mirror images of each other
the mean and median are usually the same or very close
positively skewed
right skewed
tail is longer on the right
mean is greater than median
negatively skewed
left skewed
tail is longer on the left
mean is less than the median
measures of variability
also called “measures of dispersion”
are statistical tools used to describe how spread out or scattered the values in a dataset are
helps us understand our numbers better
range
looking at the biggest and smallest numbers to see how far apart they are
variance and standard deviation
show how spread out or close together numbers are in a dataset
close numbers=small difference
scattered numbers=big difference
helps us see if our numbers are close together or spread out, which is important to know
variance
shows how much the data points differ from the mean
imagine you are trying to figure out how much the scores of students in a class vary from the average score
sample variance
is like measuring how spread out those scores are from the average
helps us understand id the scores are close together or spread out widely
standard deviation
provides an average measure of how far the data points are from the mean and is derived from the variance
sample standard deviation
is like a tool we use to see how spread out the numbers are in a small group compared to the average number in that group
helpful since it gives us a sense of how much the entire group might vary
interquartile range IQR
Is the range of the middle 50% of a data set, calculated as Q3 − Q1, where Q1 is the first quartile and Q3 is the third quartile.