Mean, Median, Mode, Range
The difference between the smallest and largest values.
What is range?
The possible result of a probability experiment.
What is Outcome?
A price after a markdown.
What is sale?
A display where each piece of data is represented by a dot above a number line.
What is dot plot?
Sample
What is Data and Statistics?
The middle number in a set of a data.
What is median?
The set of all outcomes that are not the event.
What is complement?
When you use this, you get a discount on the price then what it originally was.
What is coupon?
A graph that shows sector that equal to 100%.
What is circle graph?
Tree diagram
What is Probability?
The sum of all the items in a data set, also called the average
What is mean?
All of the possible outcomes for an experiment.
What is sample space?
The initial amount of money borrowed or saved.
What is principal?
The median of the lower half of a set of data.
What is lower quartile?
Assets
What is Financial Literacy?
The number that occurs the most.
What is mode?
An event for which the outcome affects the probability of another.
What is dependent event?
A worker’s pay before any amounts are deducted or taken out.
What is gross pay?
A graph that shows how data is distributed by using the median, quartiles, least value, and greatest value.
What is box plot?
Data
The difference between each data value and the mean in the set.
The ratio of the number of ways an event can occur to the total number of equally likely outcomes.
What is theoretical probability?
When you get this, you pay full price for the item including tax and get a refund later.
What is rebate?
The difference between the upper and lower quartiles in a box-and-whisker plot.
What is interquartile range?
APR
What is Financial Literacy?