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Busn 210 Stat Ch.2 Terms
Statistical Techniques in Busn & Econ 14e
9
Business
Undergraduate 2
10/03/2009

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Term
Charts
Definition
Special graphical formats used to portray a frequency distribution, including histograms, frequency polygons, and cumulative frequency polygons. Other graphical devices used to portray data are line charts, bar charts, and pie charts.
Term
Class
Definition
The interval in which the data are tallied. For example, $4 up to $7 up to $11 is another class.
Term
Class frequency
Definition
The number of observations in each class, 16 observations in the $4 up to $6 class, 16 is the class frequency.
Term
Exhaustive
Definition
Each observation must fall into one of the categories.
Term
Frequency distribution
Definition
A grouping of data into classes showing the number of observations in each of the mutually exclusive classes.
Term
Histogram
Definition
A graphical display of a frequency or relative frequency distribution. The horizontal axis shows the classes. The vertical height of adjacent bars shows the frequency or relative frequency of each class.
Term
Midpoint
Definition
The value that divides the class into two equal parts. For the classes $10 up to $20 and $20 up to $30, the midpoints are $15 and $25, respectively.
Term
Mutually exclusive
Definition
A property of a set of categories such that an individual, object, or measurement is included in only one category.
Term
Relative frequency distribution
Definition
A frequency distribution that shows the fraction or proportion of the total observations in each class.
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