Statistics Glossary
Statistics Glossary
Average: Same as the mean. Add up all the values and divide by the
number of values.
Inferential statistics: Statistics that analyze the data and allow you
to infer something about the population from the sample.
Mean: Same as the mean. Add up all the values and divide by the
number of values.
Median: The median is the middle number in a set of data values. The
median is important because unlike the mean, the median is not
affected by outliers.
Ordinal variable: Ordinal data values can be ranked, but the intervals
between them are essentially meaningless. Ex: Runners in a race—
Someone comes in first, but we don’t know how much faster the first
place winner was than the second place finisher.
Population: The set of all objects you are interested in studying. You
define what your population is.
Ratio variable: A ratio variable has a true zero point where you can
have zero of whatever you are measuring. These are very rare. For the
purposes of statistics, interval and ratio variables are treated the
same.
Variable: A factor that can change from one measurement to the next