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Chapter 4 Data Management Reviewer

The document discusses key concepts in data management and statistics including measures of central tendency, measures of position, measures of variability, correlation analysis, regression analysis, and the correlation coefficient. It provides definitions and explanations of statistical techniques used to organize, analyze, and interpret data.

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0% found this document useful (0 votes)
53 views

Chapter 4 Data Management Reviewer

The document discusses key concepts in data management and statistics including measures of central tendency, measures of position, measures of variability, correlation analysis, regression analysis, and the correlation coefficient. It provides definitions and explanations of statistical techniques used to organize, analyze, and interpret data.

Uploaded by

gwen.071225
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
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MMW Chapter 4 Data Management Reviewer - Virginia

Data Management - pertains to the “practice of Correlation Analysis - A group of statistical techniques
managing data as a valuable resource to unlock its to measure the association between variables.
potential for an organization” (SAS, 2020).
Correlation coefficient - degree of association
Statistics - The science of Organizing, Collecting , ● A measure of the relative strength of a linear
Analyzing, Interpreting, and Presenting Data. relationship between two numerical variables.
● Its value ranges from -1, for a perfect negative
Measures of Central Tendency correlation to +1, for a perfect positive
● A summary statistic that represents the center correlation.
point or typical value of a data set.
● These measures indicate where most values in a Correlation coefficient = Pearson’s product moment
distribution fall and are also referred to as the correlation coefficient or Pearson’s r
central location of a distribution. ● a measure of the strength of relationship
➔ Mean - The sum of values divided by between two variables that are at least in the
the number of values. interval scale.
➔ Median - The middle value in an
ordered array of data.
➔ Mode - The value in a set of data that
appears most frequently.

Measures of Position - Give a range where a certain


percentage of the data fall.
➔ Percentiles - The values that divide an ordered
array of data into 100 equal parts.
➔ Quartiles - The values that divide an ordered
array of data into 4 equal parts. Regression Analysis - carried out to develop a model to
predict the values of a dependent variable (y), based on
Measures of Variability - Refers to the amount of the value of the independent variable (x).
spread of the scores around the mean of a distribution. ➔ Dependent Variable - denoted by y, is the
➔ Population Variance - The sum of the squared variable being predicted or estimated.
differences around the mean divided by the ➔ Independent Variable - denoted by x, provides
sample size. the basis for estimation. It is the predictor
➔ Sample Variance - The sum of the squared variable.
differences around the mean divided by the
sample size minus 1. Regression Equation - Y = a + bx
➔ Population Standard Deviation - The square ● Y = average predicted value of y for any x.
root of the population variance. ● a = y-intercept (regression constant) - the
➔ Sample Standard Deviation - The square root estimated y value when x = 0.
of the sample variance. ● b = slope (regression coefficient) - the average
➔ Mean Absolute Deviation - The sum of the change in Y for each change of one unit in x.
absolute deviations from the mean divided by
the number of values. Coefficient of Determination (r2)
➔ Interquartile Range (IQR) - The difference ● The proportion of the total variation in the
between the upper quartile and lower quartile dependent variable (y) that is explained or
values in a set of data. accounted for by the variation in the independent
variable (x).

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