STATISTICAL QUALITY CONTROL

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20 Terms

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What is Central Tendency?
Central tendency refers to the statistical measure that identifies a single score as representative of an entire distribution.
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Mean
The mean is the average of a set of numbers, calculated by summing all values and dividing by the count.
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Median
The median is the middle value in a dataset when the numbers are arranged in order. If even, it is the average of the two middle values.
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Mode
The mode is the value that appears most frequently in a dataset.
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Characteristics of Mean
The mean is sensitive to extreme values (outliers), which can skew the result.
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Characteristics of Median
The median is robust against outliers and provides a better measure of central tendency for skewed distributions.
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Characteristics of Mode
The mode can be used with nominal data and may have multiple values or none at all.
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When to use Mean
Use the mean when data is symmetrically distributed without outliers.
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When to use Median
Use the median for skewed distributions or when outliers are present.
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When to use Mode
Use the mode in categorical data to find the most common category.
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What are Measures of Spread?

Measures of spread describe the variability or dispersion within a dataset, indicating how much the data points differ from the central tendency.

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Range
The range is the difference between the highest and lowest values in a dataset.
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Variance
Variance measures the average of the squared differences from the mean, indicating how spread out the data points are.
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Standard Deviation
Standard deviation is the square root of the variance, providing a measure of spread in the same units as the data.
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Interquartile Range (IQR)
The IQR is the difference between the first quartile (Q1) and the third quartile (Q3), representing the middle 50% of the data.
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Coefficient of Variation
The coefficient of variation is the ratio of the standard deviation to the mean, expressed as a percentage, used to compare relative variability.
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Outliers
Outliers are data points that significantly differ from the other observations in the dataset, which can affect measures of spread.
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Box Plot
A box plot visualizes the distribution of data based on a five-number summary: minimum, Q1, median, Q3, and maximum.
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What does a high variance indicate?
A high variance indicates that data points are spread out over a wide range of values.
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What does a low standard deviation indicate?
A low standard deviation indicates that data points tend to be close to the mean of the dataset.