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20 Terms

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raw data

data collected in original form

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range

difference of the highest value and lowest value in a distribution

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frequency distribution

the easiest way and widely used of organizing data

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class limits

the highest and lowest values describing a class

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frequency distribution

the organization of data in a tabular form

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class boundaries

the upper and lower values of a class flwhose values has additional decimal place more than the class limits and ends with digit 5

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frequency

the number of values in a specific class of a frequency distribution

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percentage

obtained by multiplying the relative frequency by 100%

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cumulative frequency

the sum of the frequencies accumulatedup to the upper boundary of a class in a frequency distribution

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midpoint

the point halfway between the class limits of each class

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grouped frequency distribution

this is used when the set of data is large; the data must be into classes whether it is categorical or interval

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measure of central tendency

also known as average, a single value that represents a data set. Its purpose is to locate the center of a data set.

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mean median mode

3 different measures of central tendency

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mean

most frequently used measure of central tendency. to determine its values you would need to consider all the values of given data set

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mode

it is the value that appears frequently in a data set

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standard deviation

statistical term that provides a good indication of votality. it measures how widely values are dispered from the averaged. calculated by taking the square root of the variance

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variance

mathematical expectation of the average squared deviations from the mean

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votality

this is a measure of risk

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measure of relative position

tells where data values fall within the ordered set

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normal distribution

continuous, symmetric, bell shaped distribution of a variable

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