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Section 4.1 ~ What is Average? Objective: In this section you will understand the difference between the three most common measures of central tendency; mean, median, and mode. You will learn how each is affected by outliers and also when it is appropriate to use a weighted mean. Essential Questions: 1. In your own words, explain what mean, median, and mode are representing. 2. How is mean calculated? 3. How do you find the median of an odd number set? Of an even number set? 4. How do you find the mode of a data set? Will there always be a mode? 5. What measure of central tendency is affected by outliers? 6. What is the major advantage of using median as opposed to mean in some circumstances? 7. What is the rounding rule? 8. When is weighted mean used? How is it calculated? Mean: The mean is most commonly referred to as the _________________ and is found by the following formula: Ex. ~ The following values represent the weights of five wrestlers: 188 162 190 150 176 Find the average weight of these five wrestlers. Median: The median is the ___________________ number in a data set. To find the median, you must first arrange the values in ascending (or descending) order: A data set that has an odd number of values will have exactly 1 value in the middle. Ex ~ Find the median of the data set: 4 3 6 3 6 A data set that has an even number of values will have 2 values in the middle which means that the median will be in the middle of those two values (or the average of those two values). Ex ~ Find the median of the data set: 4 3 6 3 6 5 Mode: The mode is the __________________ value (or group of values) in a data set. A data set may have one mode, more than one mode, or no mode Ex ~ Find the mode in the data set: 4 3 6 10 6 3 6 Ex ~ Find the mode in the data set: 4 3 6 3 10 6 Ex ~ Find the mode in the data set 4 3 6 2 10 The mode is most commonly used for qualitative data at the nominal level since neither the mean nor the median can be found for qualitative data Ex. ~ the brand of shoes each student is wearing in this class Rounding Rule: Example 1: Eight grocery stores sell the PR energy bar for the following prices: $1.09 $1.29 $1.29 $1.35 $1.39 $1.49 $1.59 $1.79 Find the mean, median, and mode for these prices. Outlier: An outlier does not affect the median or mode because: An outlier does affect the mean because: Ex. ~ The following values represent the contract offer received for five graduating college seniors in the NBA (zero means that they didn’t receive an offer) $0 $0 $0 $0 $3,500,000 Comparison of mean, median, and mode: Measure MEAN MEDIAN MODE Definition sum of all values total number of values middle value most frequent value Takes every value into account? Yes No (except for the ordering of every number) No Affected by Outliers? Yes No (since the an outlier won’t fall in the middle of a data set) No (since an outlier won’t occur most frequently) Advantages Commonly understood as the average; works well with many statistical methods When there are outliers finding the median may be more representative of an “average” than the mean Most appropriate for qualitative data at the nominal level Example 2: A track coach wants to determine an appropriate heart rate for her athletes during their workouts. She chooses five of her best runners and asks them to wear heart monitors during a workout. In the middle of the workout, she reads the following heart rates for the five athletes: 130, 135, 140, 145, and 325. Which is a better measure of the average in this case – the mean or the median? Why? Weighted mean: Formula for weighted mean: Ex. ~ Suppose your course grade is based on four tests and one final exam. Each test counts as 15% of your final grade and the final exam counts as 40% of your final grade. Your test scores are 75, 80, 84, and 88 and your final exam score is a 96. What is your final grade? Example 3: Each quarter grade is calculated with a 80% weight on tests and quizzes and a 20% weight on class work, homework, and class participation. Furthermore, your course grade is calculated with a 40% weight on quarter 3, a 40% weight on quarter 4, and a 20% weight on the final exam. Suppose that Joe’s quiz/test average in quarter 3 was an 86% and his homework/class work/ class participation grade was 95%. In quarter 4 his quiz/test average was a 92% and his homework/class work/class participation grade was a 92%, and he scored an 80% on his final exam. What was Joe’s final grade? Example 4: Each quarter grade is calculated with a 80% weight on tests and quizzes and a 20% weight on class work, homework, and class participation. Furthermore, your course grade is calculated with a 40% weight on quarter 3, a 40% weight on quarter 4, and a 20% weight on the final exam. If Amy got an 88% for quarter 3 and a 93% for quarter 4, what would she need to get on the final exam in order to receive at least a 90% for her final grade?