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Summary STATS Week 4 topics and concepts

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Including IQR, Basic Vocab, Trimmed and weighted mean, Standard and sample deviation, percentiles, box and whisker plot and more

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VOCAB

Range- Find by this equation: maximum value - minimum value

Mode- Whichever data entry is occurring most frequently

Median- Find by arranging raw data in ascending order, then finding the middle number.

If there is an even number of entries, find the 2 middle numbers’ sum and divide by 2 for

the median.

Mean- Average. Find by adding all entries, then dividing by the total number of entries

Trimmed mean- After putting raw data into ascending order, take x percent off each side

of the organized data value set. For example, if your data is 4, 5, 6, 7, 8, 40. Then your n

value (total number of values) is 6, for 6 values. If the question is asking you to find the

20% trimmed mean, then you would find this equation:

0.20 x 6 = 1.2, or rounded to 1.

So, you take 1 value off each side of your value set, removing 4 and 40. Now, you are left

to find the values of 5, 6, 7, 8. Find the mean of that new set and you have 6.5.

Weighted mean- An average where some values are weighted or count more than others.

Formula : ∑(w i​⋅xi​)​/∑wi​

xi=each value

wi=it’s weight

∑(wi​⋅xi​) = sum of each value times its weight

∑wi​= sum of all weights

For example, your score, x is 80%, and it’s worth, w 20% of your grade. Other values are:

90% worth 30%, and 70% worth 10%. So now, you multiply and add:

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