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measure of central tendency
is a descriptive statistic that describes the average or typical value of a set of scores
mode
the score that occurs most frequently in a set of data
median
another name for the 50th percentile
the score in the middle — half the scores are larger, and half the scores are smaller than the median
mean
arithmetic average of all the scores
readily comprehensible and easily calculated
best representative of data
not affected by the extreme value
can be determined graphically
actual value of an important part of the series
advantages of mode
not based on all observations
not capable of further mathematical manipulation
affected to a great extent by sampling fluctuation
influenced by choice of grouping
disadvantages of mode
can be calculated in all distributions
can be understood by common people
can be ascertained even with extreme values
can be located graphically
most useful when dealing with qualitative data
advantages of median
not based on all values
not capable of further mathematical treatment
affected by fluctuation of sampling
in case of even number of values, it may not be the value from the data
disadvantages of median
it is easy to understand and calculate
based on all values
it is rigidly defined
easy to understand even when data is lacking
isn’t based on the position of the series
advantages of mean
it is affected by the extreme value
can’t be calculated for open-ended classes
cannot be located graphically
gives misleading conclusions
has upward bias
disadvantages of mean
dispersion
the scatteredness of the data series around its average
the extent to which values in a distribution differ from the average of the distribution
it should be rigidly defined
should be easy to understand and calculate
should be based on all observations of the data
should be subjected to further mathematical treatment
should be least affected by sampling fluctuation
should not be unduly affected by the extreme values
characteristics of an ideal measure of dispersion
range
the simplest measure of dispersion
the difference between the extreme values of a series
simplest and most crude measure of dispersion
not based on all observation
unduly affected by extreme values and sampling fluctuations
may increase with the size of set observations
gives an idea of the variability very quickly
characteristics of range
ignores the way in which data is distributed
sensitive to outliers
disadvantages of range
quartile measures
splits the ranked data into four segments with an equal number of values per segment