Data & Tech Flashcards

1
Q

What is discrete data?

A

Exact values that can be counted

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2
Q

What are continuous variables?

A

Values within a range - eg age 18-24

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3
Q

Information should be ACCURATE. What does this stand for?

A

Accurate
Complete
Cost-beneficial
User targeted
Relevant
Authoritative
Timely
Easy to use

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4
Q

Match the key terms to their definitions

a) Descriptive statistics
b) Inferential statistics
c) Exploratory data analysis
d) Confirmatory data analysis

  1. Using statistical methods to confirm a pre-determined hypothesis
  2. Statistical methods that deduce the characteristics of a bigger population from a small but representative sample
  3. Identifying relationships in data sets
  4. Statistics that summarise the data in a data set
A

a4
b2
3c
d1

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5
Q

Match the key terms to their definitions

a) Simple Random Sampling
b) Systemic Sampling
c) Stratified Sampling

  1. All items are assigned a number. First number randomly chosen, then every nth number
  2. All items are assigned a number. Random number generator selects sample
  3. Population is grouped - samples are selected from group based on representation of population
A

a 2
b 1
c 3

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6
Q

What are type 1 and type 2 errors in hypothesis testing?

A

Type 1: False positive, where the null hypothesis is true but is rejected because the sample results are significantly different

Type 2: False negative, where the null hypothesis is false but is accepted because the sample agrees with it

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7
Q

What are the four Vs of big data?

A

Volume
Velocity
Variety
Veracity - trustworthiness

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8
Q

What is the difference between structured and unstructured big data?

A

Structured - collected with a purpose in mind

Unstructured - collected without an objective

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