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Exam (elaborations)

STATISTICS PORTAGE LEARNING ESSENTIAL STUDY QUESTIONS AND ANSWERS

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STATISTICS PORTAGE LEARNING ESSENTIAL STUDY QUESTIONS AND ANSWERS

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STATISTICS PORTAGE LEARNING ESSENTIAL
STUDY QUESTIONS AND ANSWERS

◉ Qualitative.
Answer: cant be measured, only classified as category (age, gender,
etc.)


◉ Quantitative.
Answer: Measure recorded on numerical scale (How many, How
much; children, salary, bank balance)


◉ Cross-sectional data.
Answer: information collected @ same or approx. same point in time
(Avg. GPA of grad Seniors from one college)


◉ Time series data.
Answer: collected over several time periods (PPG for conventional
Gas) [Fluctuations of data]


◉ Descriptive stats.
Answer: A compiled summary of the data analysis
numerical/ graphical methods to explore data [pi-chart, histogram]

, --> Most commonly used numerical stat is called avg. or mean


◉ Statistical Inference.
Answer: Data collected from small portion of the larger group
(sample data) to make estimates on larger sets of data
--> Large group of elements= population
--> Smaller group= group


◉ Nominal level of measure.
Answer: Data categorized using names, labels, or qualities [zip
codes, social security #'s, or #'s on sports Jerseys


◉ Ordinal level of measure.
Answer: Qualitative or Quantitative, can be arranged in order, or
ranked, differences between data entries aren't meaningful


◉ Interval level of measurements.
Answer: can be ordered, and meaningful differences between data
entries can be calculated [0 entry represents a position on the scale]


◉ Ratio level of measurement.
Answer: similar to data at interval level w/ added property that a 0
entry is an inherent 0 (None)

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