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MEAN
SUM OF ALL VALUES DIVIDED BY THE NUMBER OF VALUES
MEDIAN
POSITIONAL MIDDLE VALUE
MODE
VALUE THAT OCCUR THE MOST FREQUENTLY
unimodal
one mode
bimodal
two modes
trimodal
three modes
Mean
Most popular measure of central tendency
meanaffected by extreme values
mean
mean is unique
true
Mean, Median
Useful when comparing sets of data
median
extreme values do not affect as much
mode may not exist
true
May not be unique
Mode
Mode
Extreme values do not affect
when no values repeat in data set
mode is useless
when there is one mode
it is difficult to interpret
Correlation Analysis
Strength and direction of the linear relationship between variables.
Simple Linear Regression Analysis
Parameters in a linear equation to predict the values of one variable.
Linear Regression
Statistical model that shows the relationship between two variables.
Regression Analysis
Involves graphing a line over set of data points.
Least-Squares Regression Line
Line that minimizes the sum of the squares of the vertical deviations.
equation for linear regression
y=bx+a
y
predicted values of y
b
slope or rate of change of y for each unit increase in x
a
y-intercept or level of y when x is 0
three main purpose of regression analysis
describe, predict, control
Scatter Plot
Used to present correlation of two variables.
correlation 0
no linear association
correlation 0 to 0.25
weak positive
correlation 0.25 to 0.75
moderate positive
correlation 0.75 to 1
strong positive
correlation 1
perfect positive