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ONE-VARIABLE STATISTICS
√Σ
Standard deviation: A measurement of the amount of variation 1 N 2
from the mean in a data set.
σ= (xi µ)
N i=1
For example, if a data set has a mean of 50 units and a standard
deviation of 20 units, we can conclude that most of the data will σ = standard deviation
fall between 30 and 70 units. th
xi = the value of the i
Five number summary: The minimum, first quartile, median, third observation
quartile, and maximum of a data set. N = Number of data points
Each quartile represents 25% of the data within a set. µ = mean of data values
The first and third quartiles can be found by identifying the
medians of the lower and upper halves of the data.
Q0 Q1 Q2 Q3 Q4
Graphical Organization
Frequency: The amount of data points that fall into each class.
Cumulative frequency: The running total of the frequencies.
Relative frequency: The frequency divided by the total number of
data points.
Cumulative relative frequency: The running total of the relative
frequencies.
Histogram: A frequency distribution shown in graph form.
25 25
25
20 20
20 20
15
15
10
10
10 10 10
5
5 5 5 5
$35
$45
$55
$65
$75
$85
$95
$115
$35
$45
$55
$65
$75
$85
$95
$115
$105
$125
$105
$125