Middle number in a data set
Median
Name the symbol below
x̄
sample mean
Another name for Q3
Upper quartile
What is an outlier?
an observation that lies an abnormal distance from other values in a random sample from a population
I occur more frequently
Mode
What is variance
a measure of dispersion, meaning it is a measure of how far a set of numbers is spread out from their average value.
How do we calculate the IQR?
Q3 - Q1
Identify the outlier(s)
15, 67, 4, 88, 23, 25, 12
4 and 88
What is the mode
2, 5, 6, 2, 5, 9, 5, 8, 2
2, 5
Range of the data set
3.5, 8, 9.5, 12, 18, 45, 6, 7.0, 18
41.5
What percentage of data lies above the lower quartile?
75%
If a data set consist of outliers which is best to use?
Arithmetic mean or trimmed mean
Trimmed mean
What is the median value
1, 6, 7, 8, 11, 12
7.5
How does variance and standard deviation relates to the spread of data
standard deviation represents the "average" distance of data points from the mean, while variance represents the average squared distance from the mean, making standard deviation easier to interpret as it is in the same units as the original data; a larger variance or standard deviation signifies a wider spread of data points around the mean
Five Number Summary
Minimum
Lower Quartile
Median
Upper Quartile
Maximum
What does a trimmed mean do to a given data set
removes a specified percentage of the highest and lowest values before calculating the mean, effectively reducing the influence of outliers and providing a more accurate representation of the central tendency when dealing with skewed data distributions.
Calculate the mean
2, 9, 4, 12, 5, 8
6.67
Given that the number of entries in the data set is 5 and the ⅀(𝑥𝑖 − 𝑥̅)2 is 40. What is the variance and standard deviation?
Variance: 10
Standard Deviation: 3.16
Find the five number summary for the set below
3, 7, 8, 12, 3, 1, 10, 8, 5, 3, 15, 20
Minimum- 1
Lower Quartile- 3
Median- 7.5
Upper Quartile-11
Maximum- 20
Find 10% trimmed mean for the set below
3, 19, 10, 12, 8, 15, 88, 45, 20, 25
19.25