Statistics Flashcards

1
Q

Extrapolation

A

Estimating a value outside of the range of measured data

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2
Q

Forecasting

A

Use of historic data to determine where the future will lead

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3
Q

Inferential Statistics

A

Statistics used to interpret data and draw conclusions

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4
Q

Statistics

A

Branch or math tht deals with collection, interpretation, and organization of data

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5
Q

Descriptive statistics

A

Statistical procedures used to describe characteristics and responses of groups of some chunks

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