Statistics Glossary: L To P
Statistics Glossary: L To P
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Least squares: Any line or curve fitting model, that minimizes the squared distance of the
data points to the line.
Leptokurtic: If the curve is more peaked than the normal curve it is called Leptokurtic.
Lower Quartile (Q1): It is the size of the 25th observation when the data is arranged in
ascending or descending order or the 25th percentile of a set of measures.
Lines of Regression: In the scatter plot, if the variables are highly correlated then the dots lie
in a narrow strip. If the strip is nearly a straight line then it is called a line of regression.
Level of Significance: The probability level below which we reject the hypothesis.
Mathematical Expectations: The sum of the products of values of a variable and their
respective probabilities
Measures of Central Tendency: The descriptive measures which indicate the centered values
of a set of observations.
Measure of variation: It is the descriptive measures which points out the spread of values in a
set of values.
Median (Q2): The value or the size of the central item of the arranged data or the middle i.e..
50th percentile of the ordered distribution.
Mode: It is the size of the item which occurs most frequently in a distribution.
Mutually Exclusive: Outcomes such that the occurrence of one preclude the occurrence of the
other.
Moments: The arithmetic mean of the various powers of the deviations in any distribution.
Negative Relationship: In a relationship between two variables when one increases the other
decreases or vice-versa.
Nominal: A scale using numbers, symbols, or titles to designate the different sub-class.
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5/12/2019----Competitive Exams: Statistics Glossary L to P- Translation in Hindi, Kannada, Malayalam, Marathi, Punjabi, Sindhi, Sindhi, Tamil, Telgu -
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Normal Distribution: It is the limiting form of the binomial distribution when the number of
trials is very large and the probability of success and failure is very small.
Non-parametric Test: Statistical test used, when the population cannot be assume to be
normal or when the level of measurements is ordinal or less.
One-Tail Test (One sided Test): A test that predicts that one value is higher than the other.
Ordinal: It is a scale which uses numbers or symbols to rank the intervals are unspecified.
Out-lier: The points of the data, that fall far away from most of the other points of the data.
Pie-chart: It is a circular diagram which is a circle (pie) divided by radii (like slices of a cake
or pie)
Platy kurtic: If the curve is flat-topped when compared to the normal curve then it is a platy
kurtic curve.
Positive Correlation: A relationship between two variables such that when one increases the
other also increases or when one decreases the other also decreases.
Power: When a hypothesis is fall, the probability that a test will reject the null hypothesis is
called Power.
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