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9 Cards in this Set
- Front
- Back
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Lottery Definition |
The lottery is a sham because it promises high return for small input |
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Central Tendency Definition |
Every set of data has a central tendency. The central tendency for a set of data is the one number in the data set that all the other numbers are trying to approach or become. |
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Variance Definition |
A measure of how well the mean fits its data. The smaller the variants the better the mean fits its data |
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SD (Standard Deviation) Definition |
Another way of measuring how well the mean fits its data but standard deviation gives us more information because it is related to the bell curve. |
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Non-Table Median Definition |
The number found in the middle of the data after you have put the data in order |
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Table Median Definition |
Not similar to the Non-Table median because you don't have a different median for odd or even data. You do however get a median class |
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What are the properties of the bell curve? |
1). The bell curve must be open on both ends to allow for all possibilities. 2). It must contain an asymptote because the ends are open. |
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What is an asymptote? |
An asymptote is a line that another curve comes closer and closer to but it never touches or crosses it. |
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Why is the bell curve open on both ends? |
It is open on both ends to allow for all possibilities. |
