Data Fin/Lit: Test 6

Front

What is Data Literacy?

Back

Data Literacy is the ability to read, understand, create, and communicate data as information.

Front

Define the term 'Data Visualization'.

Back

Data Visualization is the graphical representation of information and data, using visual elements like charts, graphs, and maps.

Front

What is the purpose of a Histogram?

Back

A Histogram is used to represent the distribution of numerical data by showing the number of data points that fall within a specified range of values.

Front

Explain the concept of 'Mean' in statistics.

Back

The Mean is the average of a set of numbers, calculated by dividing the sum of all values by the number of values.

Front

What does 'Median' represent in a data set?

Back

The Median is the middle value in a data set when the numbers are arranged in order.

Front

Define 'Mode' in the context of data analysis.

Back

The Mode is the value that appears most frequently in a data set.

Front

What is a 'Box Plot'?

Back

A Box Plot is a standardized way of displaying the distribution of data based on a five-number summary: minimum, first quartile, median, third quartile, and maximum.

Front

Explain the term 'Outlier'.

Back

An Outlier is a data point that differs significantly from other observations in a data set.

Front

What is the significance of 'Standard Deviation'?

Back

Standard Deviation measures the amount of variation or dispersion in a set of values.

Front

Define 'Correlation'.

Back

Correlation is a statistical measure that describes the extent to which two variables change together.