Examlex
Ten percent of the population is left-handed. A class of 100 students is selected. Convert the binomial probability to a normal probability by using the correction for continuity.
Empirical Rules
A statistical rule stating that for a normal distribution, nearly all data will fall within three standard deviations of the mean.
Interquartile Range
A measure of variability, calculated as the difference between the third (75th percentile) and first quartile (25th percentile), that indicates the middle 50% of the data.
Midrange
The statistical measure calculated as the mean of the highest and lowest values in a data set, providing a simple estimation of the data’s central tendency.
Arithmetic Mean
The average of a set of numerical values, calculated by adding them together and then dividing by the number of values.
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