Summary Statistics + Comparisons Flashcards
(6 cards)
What should you include when comparing data sets?
-A measure of central tendency (average)
-A measure of spread (consistency
-Links to context
What are examples of measures of central tendency?
Mean, median and mode
What are examples of measures of spread?
Range, IQR, variance, standard deviation
Advantages and Disadvantages of mean?
Advantages:
-Easy to find
-Uses all values
Disadvantages:
-Can be affected by outliers
-Can’t be used for non numerical data
Advantages and Disadvantages of mode?
Advantages:
-Easy to find
-Not affected by outliers
-Can use for non-numerical data
Disadvantages:
-Doesn’t use all values
-May not exist
-May not be a measure of central tendency
Advantages and Disadvantages of median?
Advantages:
-Not affected by outliers
-Useful for skewed distributions
Disadvantages:
-Doesn’t use all values
-Difficult to calculate for large data sets