Mean, Median, Standard deviation Flashcards

Module 2: Handout 4, handout 5

1
Q

What are the two important ways to find the middle of a distribution?

A

mean and median

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2
Q

Sample mean/average formula

A

x with line above it=(Sum of all x’s)/(n data values)

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3
Q

population mean/average formula

A

Mu=(Sum of all x’s)/(N data values)

i can’t use fancy math symbols

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4
Q

Is the population mean and the sample mean calculated the same way?

A

Yes, “Mu” and “x with a line above it” are calculated the same

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5
Q

Sample mean example: Baseball players age

A

Add up all the ages of each player, then divide the number of players = the average of baseball players age

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6
Q

How do you find median?

A

First, order/rank the data from least to biggest (vice versa), second find number that is at the middle point

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7
Q

When finding the median, what if there are two numbers at the center?

A

Find the average of the two numbers by adding the two numbers together, then divide it by two

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8
Q

How to find the mode? (Less commonly used measures of center)

A

The mode is the most common data value (Some problems don’t have a mode)

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9
Q

How to find the midrange? (Less commonly used measures of center)

A

Averaging the smallest value and largest value. Add small and large values then divide by two

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10
Q

What is standard deviation for?

A

It measures the amount of variation in a set of data. By variation, i mean how dispersed is the data.

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11
Q

What does less variation mean?

A

Less variation signifies that a data set is more closely placed, like “1,2,3,4,5” whereas the opposite is “1,29,51,82,97” since it is more dispersed

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12
Q

Find formula of standard deviation for population and sample

A

in red notebook

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13
Q

Find variance formula

A

in red notebook

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