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Mean
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The "average" value of a data set. It is obtained by dividing the sum of the values by the number of values in the set.
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Median
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The value that is in the "middle" of a data set when the set is arranged from least to greatest.
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Median Class
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The bin that contains the median value. This is the most precise measurement we can obtain when we are looking at data that have already been categorized.
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Mode
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The most frequently appearing number in a set of quantitative data or most frequently occurring category in a set of qualitative data.
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Summation Notation
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A notation that uses the Greek letter sigma to state that values should be added together.
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Weighted Mean/Average
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A way of calculating a mean when not all the values count for the same amount. Each value should be multiplied by its weight and added together, then divide the sum by the sum of the weights.