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Cards (38)
In a typical bell curve,
50
% falls
above
average and
50
% falls
below
average
Easter Egg: An actuary is someone who analyzes the
financial
risks
There are 2 types of statistics:
descriptive
statistics and
inferential
statistics
Descriptive stats: Things you can
count
; means, medians, modes, ranges
Inferential stats: requires
actual math
(e.g. differences between each group )
Operational definitions are the specific criteria that are used to define the
concepts
and
variables
in a study.
By definition, data needs to
represent
something, it is not just math
Statistics: set of mathematical procedures for
collecting
,
organizing
, and
interpreting
data.
Population
is the group of people you want to study
Sample: a
set
of
individuals
from a population, usually intended to
represent
the
population
in a research
study
Variable: a
characteristic
or
condition
that
changes
/has different values for different individuals
A statistic describes a
sample
while a parameter describes a
population
discrepancy is the amount of
error
that exists between a sample
statistic
and the population
parameter
correlational method: a method of studying
two
variables by measuring the
relationship
between them
correlation does
not
equal
causation
experimental methods
compare
between groups of scores, have
independent
and
dependent
variables, and determine a
cause
and
effect
relationship
the outcome measure in an experiment is the
dependent
variable
a type of independent variable is the
control
measure
you need at least
2
levels of independent variables
you need at least
one
dependent variable
nonequivalent groups-
comparing groups that are not equal
quasi-independent variables
: variables that are not directly manipulated by the researcher but are still included in the study
discrete variable: a variable consisting of separate
indivisible
categories, measured in
whole
numbers
continuous variable: a variable that can take on any value (
infinite
) between
two
or more values. (e.g weight, height)
sigma:
add it up!
frequency distribution: organize tabulation of the
amount
of people in each
category
N: number of
values
in a
data
set
proportion: the
fraction
of a total group that have the same score.
grouped
frequency
distribution
is used when there is too much data to list
positive skew (right skew)
data shifted to the
left
end
negative skew (left skew)
data shifted to the
right
end
symmetrical (no skew)
average
bell curve
p=
f/N
each interval is called "
class intervals
"
highest value-lowest
value= range
percentile rank
% of people who scored at or below a certain value
cumulative frequency
accumulation of scores as you move up the scale
3 characteristics of distribution
shape
,
central tendency
, and
variability