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This set of vocabulary flashcards covers essential statistics concepts from July 14th and 16th lectures (Lectures 3 and 4), including measures of central tendency, skewness, variability, Box Plots, Z-score conversions, and Standard Error.
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Mean
The average of a set of observations, calculated using the formula M=N∑Xi. For example, with observations 8,2,5,1,9, the result is M=5.
Central Tendency
A measure used to determine the center of a distribution, typically represented by the Mean, Median, or Mode.
Left/Negative Skew
A distribution where the relationship between central tendency measures is Mean<Median<Mode.
No Skew
A distribution where the Mean, Median, and Mode are all the same value.
Right/Positive Skew
A distribution where the relationship between central tendency measures is Mode<Median<Mean.
Variability
A numerical way of describing how widely spread out the observations are in a distribution, commonly measured by variance, standard deviation, and range.
Range
A measure of variability calculated as Range=Xhighest−Xlowest. Its limitation is that it cannot tell how much observations are clustered or spread out.
Inter-Quartile Range (IQR)
The distance between the 1st (25th percentile) and 3rd (75th percentile) quartiles, covering the middle 50% of observations.
Calculating the IQR
A four-step process: 1. find median; 2. find the median of the higher observations (3rd quartile); 3. find the median of the lower observations (1st quartile); 4. subtract the 1st quartile from the 3rd quartile.
Box Plots
A visualization of the median, 3rd quartile, 1st quartile, and range (including outliers). The horizontal line represents the median, the top of the box is the 3rd quartile, the bottom is the 1st quartile, and the whiskers represent the range.
Positive Skew in Box Plots
A box plot characteristic where the Median is low.
Negative Skew in Box Plots
A box plot characteristic where the Median is high.
Low Variability
Indicates that observations tend to be closer to the Mean.
High Variability
Indicates that observations tend to be far from the Mean.
Deviation Score
The difference between an individual observation and the mean, expressed as (Xi−M).
Z-score Formula
A formula used to convert a raw score to a standard score: z=SDX−M.
Converting Z-score to a New Score
The process of finding a raw score from a z-score using the calculation X=(z×SD)+M. For example, if z=2.5, M=6.3, and SD=2.1, then X=11.55.
Standard Error of the Mean
A statistical measure calculated using the formula sXˉ=Ns.