TOPIC 1. INTRODUCTION TO STATISTICAL ANALYSIS Flashcards
Science deals with the collection, presentation, analysis, and interpretation of scientific data
Statistics
It is the foundation of statistics
Data
Can be transformed into useful facts and information that a decision maker can use
Data
It is the fundamental characteristic of data
Variability
A successful observation of a system that do not produce the same result
Variability
What are the two classification of statistics
Descriptive and inferential
A classification of statistics through collecting,describing, and analyzing a set of data without drawing conclusion
Descriptive statistics
A classification of statistic that predicts about the entire dataset
Inferential statistics
A classification of statistics that is concerned with the analysis of a subset of data leading to predictions about the entire data set
Inferential statistics
What are the four scales of measurements
Nominal, ordinal, interval, and ratio
Scale of measurement that labels or categories
Nominal
Scale of measurement through ranking or order
Ordinal
Scale of measurement that has no true zero
Interval
Scale of measurement that has a true zero
Ratio
What are the four types of data
Primary data, secondary data, discrete data, and continuous data