Statistics

Basic Statistics

Median, mean, mode, and range are basic statistical measurements.

Mean

Mean measures the average of a dataset.

Calculation:
1. add all datapoints
2. divide by the total number of datapoints

Example:
5 + 2 + 3 + 11 + 8 + 1 = 30
Number of datapoints = 6
30 ÷ 6 = 5 (mean or average)

Median

Median measures the middle point of a dataset.

Calculation:
1. put all datapoints in order
2. find the middle datapoint

Example:
5, 2, 7, 3, 7, 4, 9
2, 3, 4, 5, 7, 7, 9 (ordered)
5 (median)

Note: if the number of datapoints is even (6 for instance), add the 2 middles (3rd & 4th), and divide by 2.

Mode

Mode measures the most common datapoint within a dataset.

Calculation:
1. put all datapoints in order
2. find the most common

Example:
5, 2, 7, 3, 7, 4, 9
2, 3, 4, 5, 7, 7, 9 (ordered)
7 (mode)

Note: mode can have more than 1 outcome, if for example 2 or more datapoints have equal number of occurrences.

Range

Range measures the difference between the smallest and biggest datapoint in a dataset.

Calculation:
1. find the highest and lowest datapoint
2. subtract the lowest from the highest datapoint

Example:
5, 2, 7, 3, 7, 4, 9
9 (highest) & 2 (lowest)
9 – 2 = 7 (range)


Next: Variance & Standard Deviation