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Types of data
Categorical, ordinal, continous
Categorical
Qualitative in nature, you cannot rank the data
Examples of categorical data
city names, regime type, colours
Ordinal
Order can be ranked, but distance between values is unclear
Examples of ordinal data
education level, room for milk in coffee
Continous
Order can be ranked and the distance between values has meaning
Examples of continuous data
Temperature, money
Changing data type: Continuous → Ordinal or Categorical
Done to simplify the data or if we only care about general levels
Changing data type: Ordinal → Categorical
Done if order is unclear or not meaningful
Mean
Sum of all values/number of all values
Median
Middle value when data is sorted
Mode
Values that appear the most often
Central tendency
Mean, median and mode
Variation (dispersion)
How spread out the values/data are (only applies to rank data)
Variation calculation methods
Inter-quartile range, standard deviation
Inter-quartile range (IQR)
The difference of the 3rd and 1st quartile
Grouped mean
The average of grouped data using midpoints
Symmetric division
Mean = median
right-skewed distribution
median < mean
left-skewed distribution
median > mean