Mode
Median
-The middle case of data if scores are ranked from low to high. For this reason, median CANNOT be used at the nominal level as ranking of the scores are not meaningful here. Median is used at the ordinal and interval/ratio level.
-calculates percentile: i.e. 50th percentile- score such that 50% of cases have scores less than or equal to it.
25th percentile- 25% of cases have scores less than or equal to it.
75 percentile- 75% of cases have scores less than or equal to it.
Mean
range
(minimum, maximum)
-the difference between the minimum and maximum values.
IQR (interquartile range)
(25th percentile, 75th percentile)
IQR is the 50% between the 25th and 75th percentile scores.
(17, 34): 50% of scores can be found between $17,000 and $34,000.
standard deviation
What is the minimum value SD can take on? Zero.
Why? Because to calculate the SD you must average square roots. Cannot take the square root of a negative number.
Chebyshev’s Theorm
Identify: for any univariate distribution, most of the cases will be found between (mean - 2SD, mean +2SD)
ex: mean =55, SD= 5 (55-10, 55+10), most of the cases will be found between (45, 65)
significance: The theorem guarantees that, in all probability distributions, nearly all the cases fall close to the mean. Thus, a researcher could use Chebyshev’s theorem to identify inconsistencies in a set of values.
Pearson’s R
-a Bivariate statistic that measures the linear correlation between two variables, x & y. The correlation coefficient will be a number between -1 and +1.
0= no correlation, random blob of dots.
+1= positive correlation, slope of +1
-1= negative correlation, slope of -1
-used to describe interval and ratio level data. (the distance between the variables is relevant and must be equal.)