Shared Flashcard Set

Details

Title

Descriptive Statistics

Description

Econ 201 (Section 2)

Total Cards

Subject

Other

Level

Undergraduate 1

Created

09/12/2018

Click here to study/print these flashcards.

Create your own flash cards! Sign up here.

Additional Other Flashcards

Term

What does the measure of central tendency tell you?

Definition

It tells us something about the center, midpoint, most common or most likely numbers in a distribution

Term

What is mode of a data set?

Definition

The most common occurring value

Term

What is the median of a data set?

Definition

it is the middle value for an ordered list of values

Term

How do you find the median for odd numbers?

Definition

The middle number

Term

How do you find the median for even numbers

Definition

average the two middle numbers