Exam 4- Stats Flashcards
The science of assembling, classifying, tabulating, and analyzing data of a numerical nature to present significant information about a given subject
Statistics
A way of summarizing data from population or sample
Descriptive stats
A comparison of data, extrapolation (outbound of objectives)
Statistical inference
A collection of information, a set of values of qualitative or quantitative variables
Data
Qualitative data
Non-numeric data (data cannot be counted)
Quantitative Data
Numeric data ( data that can be counted)
assigning numbers to observations according, to pre-set rules
Measurement
A measured characteristics that can have various values or levels
Variable
Discrete variables
Quantitative, can have only certain valves (usually whole #s)
Continuous variables
Quantitative , can have any vale (whole #, decimals/fractions)
Have 2 positive values (1/0) or (t/f)
Binary variables
3 types of qualitative variables
1) Binary
2) Nominal
3) Ordinal
2 types of Quantitative variables
1) discrete
2) continuous
An entire group of observations that (might) have at least 1 characteristic in common
Population
A group of elements selected from the total population
Sample