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17 Cards in this Set

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arithmetic mean

add all the values of the variable in the data set and dividing by the number of observations.

population arithmetic mean

is computed using all the individuals in a population. the population mean is a parameter.

sample arithmetic mean

is computed using sample data. the sample mean is a statistic.

formulas for computing population and sample means

population mean

sample mean

median

of a variable is the value that lies in the middle of the data when arranged in ascending order. we use M to represent the median.

resistant

a numerical summary of data is said to be resistant if extreme values (very large or small) relative to the data do not affect its value substantially.

mode

of a variable is the most frequent observation of the variable that occurs in the data set.

dispersion

the degree to which the data are spread out

range, R

the difference between the largest and the smallest data value.

Range=R=largest data value-smallest data value

population standard deviation

the square root of the sum of squared deviations about the population mean divided by the number of observations in the population , N. that is , it is the square root of the mean of the squared deviations about the population mean.

sample standard deviation

s, the square root of the sum of squared deviations about the sample mean divided by n-1 , where n is the sample size.

variance

is the square of the standard deviation. the population variance is ó^2 and the sample variance is s^2 .

class midpoint

the sum of consecutive lower class limits divided by 2.

approximate mean of a variable from a frequency distribution

weighted mean

multiply each value of the variable by its corresponding weight, adding these products, and dividing this sum by the sum of the weights.

wi is the weight of the ith observation. xi is the value of the ith observation.

approximate standard deviation of a variable from a frequency distribution

xi is the midpoint or value of the ith class


fi is the frequency of the ith class

z-scores

the distance that a data value is from the mean in terms of standard deviations . subtract the mean from the data value and divide the result by the standard deviation.