Scribd
Upload
2 views

Module 3

Module 3 focuses on dispersion, which measures the spread and consistency of data in conjunction with central location measures. It outlines various calculations for dispersion, including standard deviation, range, and coefficient of variation, and emphasizes their importance in determining the appropriate measure of central tendency. The module concludes with practical exercises and next steps for applying the concepts learned.

Uploaded by

laurenpippert
Copyright
© © All Rights Reserved
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
2 views

Module 3

Module 3 focuses on dispersion, which measures the spread and consistency of data in conjunction with central location measures. It outlines various calculations for dispersion, including standard deviation, range, and coefficient of variation, and emphasizes their importance in determining the appropriate measure of central tendency. The module concludes with practical exercises and next steps for applying the concepts learned.

Uploaded by

laurenpippert
Copyright
© © All Rights Reserved
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 2

Module 3: Dispersion

1. While central location measures the middle of data, ____________ measures the consistency
and spread of data.

2. Dispersion Examples:
a. Measuring customer service consistency at a restaurant

b. Measuring number of automobiles created each week

c. Reporting weekly profit margin for ice cream shop

3. Dispersion and Central location are used together to determine whether or not you use the
____________or the ________________

4. Dispersion has several defined calculations:


a. Standard _____________
b. The R______, and the Minimum and _____
c. The coefficient of ___________
d. The Sk______

5. Standard ______ is a measurement that calculates the average distance from the __________
for each individual data point. As an example, see below.
a. Consider the following daily sales for an ice cream shop:

1500 1200 1000 1700 1100 850 390 1900

b. Calculate the standard deviation for these 8 sales days using the space below, or follow
along with Excel in class/on the video.

c. Calculate the range/hi-low

d. Calculate the mean and median

e. Calculate the coefficient of variation

f. Discussion Notes
6. Measurements of Central ___________ and D____________ are key to beginning to understand
how to talk about the data.

a. Now we talk about the m______ and the S______ and/or c_______________.

7. One measurement of dispersion, the coefficient of variation, is a simple way to determine if we


should use the ______________ or the ______________.

8. The coefficient of variation (CV) involves dividing the _________ into the mean.

9. If the result of the CV is over __________ you are starting to see data that is somewhat
dispersed or inconsistent. The higher the CV, the more spread out and inconsistent the data is.

10. If your CV is over ____________, you should really use the __________ to describe central
tendency, not the __________. The _______ is “meaningless”.

11. Answer the following questions to summarize this module:

a. The standard deviation basically calculates the average distance each observable item of
data is away from the mean. True or False.
b. The standard deviation is used to understand whether or not we should use the mean or
the median to describe the central tendency of the data. Dividing the standard
deviation into the mean creates a “coefficient of variation”. True or False.
c. A coefficient of variation that is over .30 shows that the mean is rather meaningless, and
the median instead should be used to describe the central tendency of the data. True or
False.
d. Other good measurements of dispersion involve the range, and simply stating the high
and the low ends of data. True or False.

Next Steps

1. After watching the video and filling this worksheet in, and answering the questions in item
number 11, you will upload this to the Module 3 Copywork Vocab folder.
2. Next, watch the video that takes you through several Excel Examples on how to calculate
measurements of dispersion. Upload your finished Excel copywork to the Module 3 Excel
Copywork Folder.
3.

You might also like