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Last updated 8:36 PM on 2/9/25
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10 Terms

1
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Range

Difference between the maximum and minimum value.

2
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Variance

The average of the squared distances of values from the mean.

3
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Population Variance (σ²)

Variance calculated when all values from the entire population are available.

4
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Sample Variance

Calculated in the same way as population variance except the denominator is n - 1.

5
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Standard Deviation (s)

The square root of variance, providing a measure of variation in the same units as the original observations.

6
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Coefficient of Variation (CV)

A unit-free measurement of variation that allows comparison of different datasets.

7
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Five Number Summary

A summary consisting of minimum, first quartile (Q1), median, third quartile (Q3), and maximum.

8
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Interquartile Range (IQR)

The difference between the third and first quartiles (Q3 - Q1), a measure of statistical dispersion.

9
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Outliers

Data points that significantly deviate from other observations in a dataset.

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Resistance

The ability of a statistical measure to not be affected by extreme values or outliers.