Related Concept Videos

The Availability Heuristic01:08

The Availability Heuristic

A heuristic is a general problem-solving framework (Tversky & Kahneman, 1974). You can think of these as mental shortcuts that are used to solve problems. Different types of heuristics are used in different types of situations, and the impulse to use a heuristic occurs when one of five conditions is met (Pratkanis, 1989):
Percentage Frequency Distribution00:57

Percentage Frequency Distribution

A percentage frequency distribution, in general, is a display of data that indicates the percentage of observations for each data point or grouping of data points. It is a commonly used method for expressing the relative frequency of survey responses and other data. The percentage frequency distributions are often displayed as bar graphs, pie charts, or tables.
The process of making a percentage frequency distribution involves the following few steps: note the total number of observations;...
What is a Frequency Distribution00:51

What is a Frequency Distribution

A frequency is the number of times a value of the data occurs. The sum of all the frequency values represents the total number of students included in the sample. It is commonly used to group data of quantitative types. Frequency distributions can be displayed in a table, histogram, line graph, dot plot, or pie chart, just to name a few. A histogram is a graphical representation of tabulated frequencies, shown as adjacent rectangles, erected over discrete intervals (bins), with an area equal to...
Relative Frequency Distribution00:55

Relative Frequency Distribution

A relative frequency distribution is the proportion or fraction of times a value occurs in a data set. To find the relative frequencies, one can divide each frequency by the total number of data points in the sample. It is very similar to a regular frequency distribution, except that instead of reporting how many data values fall in a class, a relative frequency distribution reports the fraction of data values that fall in a class. These fractions or proportions are called relative frequencies...
Cumulative Frequency Distribution01:04

Cumulative Frequency Distribution

A cumulative frequency distribution is another type of frequency distribution. Instead of reporting how many data values fall in some classes, it reports how many data values are contained in either that class or any class to its left. Technically, it means the sum of frequencies of the class and all the classes below it in a frequency distribution. A cumulative frequency is calculated by adding the frequency of each class lower than the corresponding class interval or category. In general, a...
What is a Mode?01:07

What is a Mode?

The mode is one of the commonly used measures of a central tendency. It is defined as the most frequent value in a data set.
There can be more than one mode in a data set if multiple values have the same highest frequency. For instance, suppose that the Statistics exam scores of 20 students are: 50; 53; 59; 59; 63; 63; 72; 72; 72; 72; 72; 76; 78; 81; 83; 84; 84; 84; 90; 93. Here, the mode is 72, as it occurs most frequently, five times.
A data set with two modes is called bimodal. For example,...