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Exam (elaborations)

Applied Probability and Statistics

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Applied Probability and Statistics

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applied probability and statistics questions and their
precise answers.Success champ!

statistics - Correct Answers-the science of collecting, organizing, summarizing, and analyzing
data to draw conclusions or answer questions

uncertainty - Correct Answers-statistics are never 100% certain

observational unit - Correct Answers-a person or object to be studied

census - Correct Answers-gather data on the entire population

population - Correct Answers-the group of all observational units we're interested in

parameter - Correct Answers-a value that describes the population

sample - Correct Answers-subset of the population and the data that is gathered from it

statistic - Correct Answers-a value that describes the sample

variable - Correct Answers-something you measure (or observe) about an observational unit

categorical or qualitative variables - Correct Answers-observation units are classified by an
attribute or characteristic

quantitative or numerical variables - Correct Answers-variables have numerical values (but
averages make sense)

discrete - Correct Answers-it is possible to count all the possible values of the variable

continuous - Correct Answers-it is not possible to count all the possible variable values
(generally measurements)

observational study - Correct Answers-observational units are observed but not manipulated
(most surveys)

experiment - Correct Answers-impose a treatment on some of all the observational units and
then observe what happens (drug studies) (only way to prove cause and effect)

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Uploaded on
June 9, 2025
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2024/2025
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