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Description
Flashcards by Kyra Louthan, updated more than 1 year ago
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Created by Kyra Louthan
about 1 year 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 of 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 variable compared with some base, which is taken as 100 |
| Line Graph | graphical presentation that involves a time element. shows trends, failures, backlogs, and the like |
| Mean | statistical term that is found by the sum of all figures divided by the number of figures |
| 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 nubmers |
| Normal Distribution | data are spread symmetrically about the mean |
| Price Relative Range | the quotient of the current price divided by some previous years price-the base year-multiplied by 100 |
| 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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