Flashcards
Chapter 22 Flashcards
Cards in this deck (15)
- 1Bar GraphVisual representation using horizontal or vertical bars to make comparison or to show relationship on items of similar makeup
- 2Circle GraphA visual representation of the parts to the whole
- 3Empirical RuleFor a normal distribution, nearly all the data fall within three standard deviations of the mean
- 4Frequency DistributionShows by table the number of times event(s) occurs
- 5Index NumbersExpress the relative changes in a variable compared with some base, which is taken as 100
- 6Line GraphGraphical presentation that involves a time element. Shows trends, failures, backlogs, and the like
- 7MeanStatistical term that is found by: Sum of all figures ÷ Number of figures
- 8Measure of DispersionNumber that describes how the numbers of a set of data are spread out or dispersed
- 9MedianStatistical term that represents the central point or midpoint of a series of numbers
- 10ModeValue that occurs most often in a series of numbers
- 11Normal DistributionData are spread symmetrically about the mean
- 12Price RelativeThe quotient of the current price divided by some previous year’s price—the base year—multiplied by 100
- 13RangeDifference between the highest and lowest values in a group of values or set of data
- 14Standard DeviationMeasures the spread of data around the mean
- 15Weighted MeanUsed to find an average when values appear more than once
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- Flashcards on Chapter 22 Flashcards, created by Barrett Morrison on 12/10/2023.
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- Barrett Morrison
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