Distributions and Calculations Flashcards

1
Q

Distribution

A

List or function showing all the possible values/intervals of the data and how often they occur

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2
Q

Four Main Distributions

A

Positive - Tail heads towards positive

Negative - tail heads towards negative

Binomial - two distinct peaks

Symmetric - tails are equal

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3
Q

Leptokurtic (L)

A

Long tails relative to normal distribution

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4
Q

Platykurtic

A

Short tails relative to normal distribution

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5
Q

Class (Class Intervals)

A

Division of data into Bin Widths

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6
Q

Class Frequency

A

Number of observations within a class of data

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7
Q

Bin Width Rules

A

Surges = 1 + Log2(N)

Rice = 2 x Cubed Root N

N = Total number of observations

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8
Q

Balance Scale

A

Point at which distribution is even

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9
Q

Center Distribution Using Smallest Absolute Deviation

A

Absolute Deviation = Sum of the difference in values from deviation

Center Distribution Using Smallest Absolute Deviation = smallest number for which the sum of absolute deviation is smallest

*Use median (midpoint)

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10
Q

Center Distribution Using Smallest Squared Deviation

A

Squared Deviation = difference in values from deviation, squared

Center Distribution Using Smallest Squared Deviation = smallest number for which the sum of squared deviation is smallest

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11
Q

Three Ways to Define a Central Tendency

A
  1. Point at which distribution is balanced
  2. Number which minimizes the sum of the absolute differences
  3. Number which minimizes the sum of the squared differences
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12
Q

Mode

A

Most frequently occurring value

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13
Q

Median

A

Midpoint of a distribution ranked from lowest to highest

Median - medians are in the middle - middle number

*Use the median to calculate absolute deviations

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14
Q

Mean

A

Total Value / Total Numbers = Mean (average)

  • The mean is where we hope a distribution is balanced b/c it is the average
  • Use the mean to calculate squared deviations
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15
Q

Range

A

Highest Value - Lowest Value

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16
Q

Interquartile Range (IRQ)

A

IRQ = 75th percentile - 25th percentile

IRQ = range of the middle 50% of the values

17
Q

Semi-Interquartile Range

A

IRQ / 2

Median + - the SIRQ = 50% of the values

18
Q

Variance

A

The expectation of the squared deviation of a random variable from its mean.

Measures how far a set of numbers are spread out from their average value

19
Q

Standard Deviation

A

Square root of the variance

Variance - average squared difference of the values from the mean