Term
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Definition
| The number or value that occurs the most |
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Term
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Definition
| The mid point in a set of numbers of values |
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Term
| What is the Mean and what is the formula? |
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Definition
The average of all the values or numbers.
Mean = Total Observation/ Number of Observations |
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Term
| What are the 3 forms of distribution? |
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Definition
| Symmetrical, Positive Skew and Negative Skew |
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Term
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Definition
| The difference between the highest and lowest value. |
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Term
| What is a Quartile, Interquartile Range and Quartile Deviation? |
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Definition
Quartile- Q1 (25%), Q2(50%), Q3(75%) variables
Interquarile Range- Q3- Q1
Quartile Deviation- (Q3-Q1)/ 2 |
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Term
| What are the Formulas that indentify Quartiles? |
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Definition
(0.25(n+1))
(0.5(n+1))
(0.75(n+1))
n= total number of observation |
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Term
| What is Standard Deviation? |
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Definition
| It is the root mean square (rms)deviation of the values from their aritmetic mean. |
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