Histograms Flashcards

1
Q

What is often refered to as bins

A

The range of the data divided into intervals of equal width

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2
Q

What is a histogram

A

The plot of bars, one for each bin with heights proportional to the number of observations in the corresponding bin

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3
Q

What does the height of the bar represent

A

Number in each interval

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4
Q

Can the number expressed as a proportion of the total number of observations in the sample give a picture of the data distribution which is not DEPENDANT OF SAMPLE SIZE

A

Yes

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5
Q

Why must analysts exercise judgement in the choice of number of bins (intervals)

A

Small number of bins- very little indication how the heights are distributed
Increasing the number of the bins can give you a better picture
If there are too many bins there will be too little smoothing of the data and the histogram will start to look jagged

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6
Q

What does a histogram show

A

The entire sample and allows the FULL DISTRIBUTION of the SAMPLE to be viewed not just a graphical version of the five number summery

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7
Q

When a sample size increases…

A

Deeper aspects of the nature of the distribution may become more apparent

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8
Q

Are all histograms normally distributed

A

The data is not always normally distributed i.e. bell shaped distribution

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