Data is a set of values of subjects with respect to qualitative or quantitative variables. Data is measured, collected and reported, and analyzed, whereupon it can be visualized using graphs, images or other analysis tools. Raw data or unprocessed data is a collection of numbers or characters before it has been “cleaned” and corrected by
How to convert a Decimal to a Fraction? Write down the decimal divided by 1, like this: decimal/1 Multiply both top and bottom by 10 for every number after the decimal point. Simplify the fraction Examples Decimal Step 1 Step 2 Step 3 Fraction 0.75 2.35 = 2+0.35 0.333 Can’t get any simpler! Special Note: For
How to convert a Percent to a Fraction? Write down the percent divided by 100 like this: percent/100 If the percent is not a whole number, then multiply both top and bottom by 10 for every number after the decimal point. Simplify the fraction Examples Percent Step 1 Step 2 Step 3 Fraction 13% The
Definition Decimals, Fractions & Percentages are different ways of showing value Examples Percent Decimal Fraction 1% 0.01 1/100 5% 0.05 5/100 10% 0.1 10/100 25% 0.25 25/100 50% 0.5 50/100 75% 0.75 75/100 100% 1 100/100 125% 1.25 125/100 150% 1.5 150/100 200% 2 200/100 Conversions Base Form Decimals Fractions Percentages Decimals – 1) multiply
Data is defined as the facts & collected for the analysis purpose. Data is divided into qualitative data (descriptive) & quantitative data. The qualitative data cannot be measured in terms of numbers. On the other hand, quantitative data is one that contains numerical values and uses range. It is divided into discrete data & continuous data. Discrete data
Thomas Bayes named a theory about conditional probability. He was British mathematician in 18th century. The theorem is Bayes’ Theorem. Bayes’ theorem is used in statistics, medicine and pharmacology, finance, etc. Definition of Bayes’ Theorem Bayes’ theorem is a probability theorem when we have known another probability before. If the probability of blue ball outcomes is
What Is Percentage Change? Percentage change can be applied to any quantity. Let’s say you are tracking the the grow of height. If the height increased, use the formula (New Height – Old Height)/Old Height Then, multiply that number by 100%. If the price decreased, use the formula (Old Height – New Height)/Old Height Then
Definition Relative Frequency is How often something happens divided by all outcomes. To compute relative frequency, one obtains a frequency count for a subgroup of the population and a frequency count for the total population. The relative frequency is: How to Find Relative Frequency Relative frequency = Subgroup count / Total count The above equation
Definition of Quartiles What are Quartiles? In statistics, Quartiles are values that divide your data into quarters. They aren’t shaped like pizza slices. Quartiles divide your data into 4 segments according to where the numbers fall on the number line. The 4 quarters that divide a data set into quartiles are: Lowest 25% of numbers. Next lowest
Mean is the average of the numbers. How to Find the Mean It is easy to calculate: add up all the numbers divide by how many numbers there are In other words it is the sum divided by the count Mean For Negative Numbers How to handle negative numbers? Adding a negative number is the