Module 1 Flashcards

1
Q

What is data?

A

Facts, figures, or contents (numerical or non-numerical).

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2
Q

What is statistics?

A

Science of collecting, analyzing, and presenting data.

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3
Q

Descriptive vs Inferential Statistics

A

Descriptive: Summarizes data.
Inferential: Draws conclusions from samples.

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4
Q

Population vs Sample

A

Population: Entire group.
Sample: Subset analyzed.

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5
Q

Data Collection Methods

A

Cross-sectional: One-time snapshot.
Time-series: Data over time.

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6
Q

Types of data

A

Structured: Predefined format (e.g., spreadsheets).
Unstructured: No clear format (e.g., social media).

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7
Q

Big data characteristics

A

Volume, Velocity, Variety.

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8
Q

Scales of Measurement

A

Nominal: Labels.
Ordinal: Rank without differences.
Interval: Rank with differences, no true zero.
Ratio: Rank with true zero.

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9
Q

Dealing with missing data

A

Omission: Remove missing values.
Imputation: Replace values.

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