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statistics
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N
number of values in a set of population data
n
number of values in a sample data set
Mu
average of population data
x bar
the average of sample data
x
data value
o²
population variance
∑
summation
σ
population standard deviation
s²
sample variance
s
sample standard deviation
r
correlation coefficient
mean
average
median
number in the middle of the data set
mode
most occurring number(s) in a data set
quartile
four sections of data
precentile
100 sections
IQR
Q3-Q1=IQR
Lower Fence
Q1-1.5(IQR)
Upper Fence
Q3+1.5(IQR)
5 number summary
minimum Q1 Q2 Q3 maximum
boxplot
visual of the 5 number summary
standard score/ z score
z=(x-mu)/σ
mean of group data
middle of each class
correlation definition
determines weather a relationship between variables exist
correlation calulation
-1<r<1
pearson correlation coefficient table
tells you if you can have a line of best fit
variance
is the average of the squares of the distance each value is from the mean
types of distribution
left skewed, right skewed, bell shaped, uniform
Discrete
counts something
continuous
cant be counted
Branches of statistics
Descriptive and Inferential
census
100% of people
random sample
random generation, equal chance
startified
same number person from each group
cluster
100% of people in one group
systematic
every 5th person in line
convenience sample
convenient to the person sampling
marginal utility formula
x-mu
Variance formula
(x-mu)²
1 standard deviation from the mean
68%
2 standard deviations from the mean
95%
3 standard deviations from the mean
97.7%