Data Management Flashcards
Latin word meaning “the state”
status
Came from a Latin word “status”
Statistics
branch of science that deals with the collection, presentation, organization, analysis and interpretation of data
study of variation
Statistics
Empowers us to make intelligent choices
Information
allows us to answer problems by giving a clear picture of a particular collection of elements
Statistical Inquiry
Collection of all elements under consideration
Population
Subset of a population from which raw data are being obtained
Sample
The specification of interests depends on this.
Scope of the study
Characteristics or attributes of the elements in a collection
Variables
realized value of a variable
Observation
collection of observations
Data
Data set consist of some basic measurements of individual items
Data Structure
3 basic ways of classifying data set
- number of variables
- kind of information
- time sequence/cross sectional
summary measure describing the specific characteristic of the population
Parameter
summary measure describing the specific characteristics of the sample
Statistics
organizing and summarizing data
deals with the techniques used in the collection, presentation, organization and analysis of the data on hand
used to say something or describe a set of information collected
represented with graphs
Descriptive Statistics
come up with generalizations or inferences about the population using the information in the selected sample
used to say something about a larger group using information collected from a small part of that group
Inferential Statistics
It is based on good procedures for producing data and thoughtful examination of data.
Effective interpretation of data
fancy way of saying we are estimating population values based on your sample data
Estimation Statistics
drawing conclusion about a population parameter
uses data to decide between two or more different possibilities
produces a definite decision
Hypothesis Testing
designed research to provide information needed to solve a research problem
Statistical Inquiry
most important step in statistical study
Determining the Sample Size
tells the researcher how sure the responses of the sample represent the population
Confidence Level
how much a percentage points deviate from the real population value
Margin of Error
applicable only when estimating a population proportion and when the confidence level is 95%
Slovin’s Formula
Process of selecting a representative group from the population under study
Sampling
list of all items in your population
complete list of everyone/everything you want to study
specific
Sampling Frame