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Statistics Primer:  Mean, Median, Mode, and More! Introduction to the Basic Ideas of Statistics and Statistical Analysis of Data
Introduction ,[object Object],[object Object],[object Object]
Averages ,[object Object],[object Object],[object Object],[object Object]
Arithmetic Mean Average ,[object Object],[object Object],A = {1,2,3,4,3,4,5,3,5,5} n = 10 sum (  ) = 1 + 2 + 3 + 4 + 3 + 4 + 5 + 3 + 5 + 5 = 35 arithmetic mean (  ) =    / n = 35 / 10 = 3.5
Arithmetic Mean Average ,[object Object],[object Object],[object Object]
Median Average ,[object Object],A = {1,2,3,4,3,4,5,3,5,5} A (sorted) = {1,2,3,3, 3,4 ,4,5,5,5} median = (3 + 4) / 2 = 3.5
Median Average ,[object Object],[object Object],[object Object]
Mode Average ,[object Object],[object Object],[object Object],[object Object],[object Object],A = {1,2,3,4,3,4,5,3,5,5} mode = {3, 5} or  none
Mode Average ,[object Object],[object Object],[object Object],[object Object],[object Object]
“Random” Distribution ,[object Object],1000 rolls of one six-sided die The FREQ Procedure Cumulative  Cumulative roll  Frequency  Percent  Frequency  Percent ƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒ 1  157  15.70  157  15.70 2  190  19.00  347  34.70 3  155  15.50  502  50.20 4  169  16.90  671  67.10 5  167  16.70  838  83.80 6  162  16.20  1000  100.00
“Normal” Distribution ,[object Object],1000 rolls of two six-sided dice The FREQ Procedure Cumulative  Cumulative roll  Frequency  Percent  Frequency  Percent ƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒƒ 2  28  2.80  28  2.80 3  61  6.10  89  8.90 4  78  7.80  167  16.70 5  105  10.50  272  27.20 6  135  13.50  407  40.70 7  167  16.70  574  57.40 8  134  13.40  708  70.80 9  118  11.80  826  82.60 10  96  9.60  922  92.20 11  52  5.20  974  97.40 12  26  2.60  1000  100.00
Distribution Measures ,[object Object],[object Object],[object Object]
Standard Deviation ,[object Object],[object Object],[object Object]
Standard Deviation 1 SD 2 SD 3 SD Mean = 7.03 SD = 2.4 mean
Skewness Left-Skewed data example EXAMPLE:  Time to complete task Cannot be below zero time to completion Will not likely have larger values
Kurtosis Kurtosis example Annual Rainfall per Year in rainy plain Annual Rainfall per Year in dry desert
About the Author Paul D. McDonald is the CEO of SPIKEware, Inc. and has been a SAS programmer since 1993. Paul has an A.A. in Electrical Engineering from Cloud County Community College, a B.A. in Physics from Southwestern College, and an M.B.A. in Finance from Keller Graduate School of Management. Paul can be reached by e-mail at  [email_address] . ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

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Statistics Primer

  • 1. Statistics Primer: Mean, Median, Mode, and More! Introduction to the Basic Ideas of Statistics and Statistical Analysis of Data
  • 2.
  • 3.
  • 4.
  • 5.
  • 6.
  • 7.
  • 8.
  • 9.
  • 10.
  • 11.
  • 12.
  • 13.
  • 14. Standard Deviation 1 SD 2 SD 3 SD Mean = 7.03 SD = 2.4 mean
  • 15. Skewness Left-Skewed data example EXAMPLE: Time to complete task Cannot be below zero time to completion Will not likely have larger values
  • 16. Kurtosis Kurtosis example Annual Rainfall per Year in rainy plain Annual Rainfall per Year in dry desert
  • 17.