MMW Data Management

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32 Terms

1

MEAN

SUM OF ALL VALUES DIVIDED BY THE NUMBER OF VALUES

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2

MEDIAN

POSITIONAL MIDDLE VALUE

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3

MODE

VALUE THAT OCCUR THE MOST FREQUENTLY

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4

unimodal

one mode

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5

bimodal

two modes

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6

trimodal

three modes

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7

Mean

Most popular measure of central tendency

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8

meanaffected by extreme values

mean

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9

mean is unique

true

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10

Mean, Median

Useful when comparing sets of data

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11

median

extreme values do not affect as much

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12

mode may not exist

true

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13

May not be unique

Mode

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14

Mode

Extreme values do not affect

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15

when no values repeat in data set

mode is useless

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16

when there is one mode

it is difficult to interpret

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17

Correlation Analysis

Strength and direction of the linear relationship between variables.

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18

Simple Linear Regression Analysis

Parameters in a linear equation to predict the values of one variable.

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19

Linear Regression

Statistical model that shows the relationship between two variables.

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20

Regression Analysis

Involves graphing a line over set of data points.

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21

Least-Squares Regression Line

Line that minimizes the sum of the squares of the vertical deviations.

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22

equation for linear regression

y=bx+a

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23

y

predicted values of y

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24

b

slope or rate of change of y for each unit increase in x

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25

a

y-intercept or level of y when x is 0

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26

three main purpose of regression analysis

describe, predict, control

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27

Scatter Plot

Used to present correlation of two variables.

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28

correlation 0

no linear association

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29

correlation 0 to 0.25

weak positive

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30

correlation 0.25 to 0.75

moderate positive

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31

correlation 0.75 to 1

strong positive

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32

correlation 1

perfect positive

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