37911589
Description
Flashcards by Eli Southard, updated more than 1 year ago
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Created by Eli Southard
about 3 years ago
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| Question | Answer |
| Bar Graph | Visual representation using horizontal or vertical bars to make comparison or to show relationship on items of similar makeup |
| Circle Graph | A visual representation of the parts to the whole |
| Empirical Rule | For a normal distribution, nearly all the data fall within three standard deviations of the mean |
| Frequency Distribution | Shows by table the number of times events occurs |
| Index Numbers | Express the relative changes in a variable compared with some base, which is taken as 100 |
| Line Graph | A graphical presentation that involves a time element. Shows trends, failures, backlogs, and the like |
| Mean | Statistical term that is focused by: Mean=Sum of all values/ # of values |
| Measure of dispersion | Number that describes how the numbers of a set of data are spread out or dispersed |
| Median | Statistical term that represents the central point or midpoint of a series of numbers |
| Mode | Value that occurs most often in a series of numbers |
| Normal Distribution | Data are spread symmetrically about the mean |
| Price Relative | The quotient of the current price divided by some previous year's price--the base year-- multiplied by 100 |
| Range | Difference between the highest and the lowest values in a group of values of set of data |
| Standard Deviation | Measures the spread of data around the mean |
| Weight Mean | Used to find an average when values appear more than once |
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