math Flashcards
is used in business and economics.
statistics
It plays an important role in the exploration of new markets for a product, forecasting of business trends, control and maintenance of high-quality products, improvement of employer-employee relationship and analysis of data concerning insurance, investment, sales, employment, transportation, communications, auditing and accounting procedures.
statistics
is the branch of mathematics that deals with the theory and method of collecting, organizing, presenting, analyzing and interpreting data.
STATISTICS
- It refers to the summary statistic that quantitatively describes or summarizes features from a collection of data under investigation.
DESCRIPTIVES STATISTICS
The goal is to describe.
DESCRIPTIVES STATISTICS
Numerical measures are used to tell about features of a set of data.
DESCRIPTIVES STATISTICS
It is a statistical tools that are used to examine the relationships between variables within a sample and then make generalizations or predictions about how those variables will relate to a larger population.
INFERENTIAL STATISTICS
- The average, or measure of the center of a data set, consisting of the mean, median, mode, or midrange
DESCRIPTIVE STATISTICS
- The spread of a data set, which can be measured with the range or standard deviation
DESCRIPTIVE STATISTICS
- Overall descriptions of data such as the five number summary
DESCRIPTIVE STATISTICS
- Measurements such as skewness and kurtosis
DESCRIPTIVE STATISTICS
- The exploration of relationships and correlation between paired data
DESCRIPTIVE STATISTICS
- The presentation of statistical results in graphical form
DESCRIPTIVE STATISTICS
It is concerned with the formulation of theories, principles, and formulas which are used as bases in the solution of problems related to Statistics.
STATISTICAL THEORY-
It is concerned with the application of the theories, principles and formulas in the solution of everyday problems.
STATISTICAL METHOD-
a set of data consisting of all conceivable possible observations of a certain phenomenon.
POPUPLATION
. It refers to the totality of the observations.
POPULATION
– a finite number of items selected from a population possessing identical characteristics with those of the population from which it was taken.
SAMPLE
refers to a fundamental quantity that changes in value from one observation to another within a given domain and under a given set of conditions
VARIABLES
2 YPES OF VARIABLES AND EXPLAIN
- DISCRETE- iyo ung obtain by countain hinidi pwedeng I fraction, lagyan ng demical, hatiin.
-ex, number of siblings, WHOLE NUM - CONTINOUS- by measuring, pwede ka ng mag fraction or hatiin
Ex, height, weight,size etc basta measurement
refers to fundamental quantities that do not change in value.
CONSTANT
are characteristics/measures computed from the population.
PARAMETERS
are characteristics/measures computed from the sample.
- STATISTIC/S –
4 LEVELS OF DATA MEASUREMENT AND EXPLAIN
1, NOMINAL - SEX,GENDER,
2. ORDINAL- POOR AND RICH
3. INTERVAL- - Data with arbitrary zero value (scores, grades)
4. RATIO-Data coming from measurements (height, weight, etc.)
-here di pwedeng negative sa right axis ka lang
are plain facts, usually raw numbers, words, measurements, observations or just description of things
DATA