session 6-8 Flashcards
four types of data
nominal, ordinal, interval, ratio
nominal date is:
Nominal data do not obey any quantitative relationship or any order
ordinal data is:
Ordinal data have categories that represent increasing or decreasing magnitude of a specified attribute but no consistency between values
internval data is:
Interval data have categories that are equally spaced and have true numerical value, but has no true zero
ratio data is:
Ratio data have categories that are equally spaced, have numerical value and a true zero
classification is:
Classification – items sorted into groups which differ in a nominal manner
grading it:
Grading – Methods used in commerce which depend on expert graders
ranking is:
Ranking – Items arranged in order of intensity of a specific attribute
scaling is
Scaling – Items arranged in order by a reference to a scale of numbers
placing a line across a line with not bitter at one end and extremely bitter on the other is considered
scaling
Normal Distribution is
Normal Distribution - mean, median and mode coincide (bell-shaped symmetrical curve)
non-normal distribution is
Non-normal Distribution - mean, median and mode do not coincide (asymmetrical curve)
Descriptive statistic :
Descriptive statistics summarises the data
inferential statistics
Inferential statistics draws conclusions about the population based on a sample
measure of central tendency
Measures of central tendency include mean, median and mode