MATH 120 STATISTICS STUDY GUIDE
REVIEW 2026 PRECISE ANSWERS
GRADED A+
◉ population data. Answer: data collected from all subjects in the
population under study
◉ sample. Answer: a subset of the population
◉ sample size. Answer: the number of individuals in a sample
◉ parameter. Answer: a value of interest computed based on
population data
◉ statistic. Answer: a value of interest computed based on sample
data
◉ variable. Answer: characteristic/ trait that may vary among
subjects
◉ qualitative variable. Answer: nominal &ordinal variables
◉ quantitative variable. Answer: discrete & continuous
, ◉ ordinal. Answer: if there is a clear ordering of the categories;
categorical
ex: size of a pizza
◉ nominal. Answer: if there is NOT a clear ordering of the
categories; categorical
ex: type of fruit
◉ discrete. Answer: if the variables can only take particular values in
an interval; quantitative
ex: goals scored... 1, 2, 3...
◉ continuous. Answer: if the variables can take on any value in any
interval; quantitative
ex: height of penguins... 29.2in, 24 in, etc
◉ range formula. Answer: maximum value - minimum value
◉ median. Answer: value that lies in the middle of the data when
arranged in ascending order
◉ IQR. Answer: the range of the middle 50% of the observations in a
data set
REVIEW 2026 PRECISE ANSWERS
GRADED A+
◉ population data. Answer: data collected from all subjects in the
population under study
◉ sample. Answer: a subset of the population
◉ sample size. Answer: the number of individuals in a sample
◉ parameter. Answer: a value of interest computed based on
population data
◉ statistic. Answer: a value of interest computed based on sample
data
◉ variable. Answer: characteristic/ trait that may vary among
subjects
◉ qualitative variable. Answer: nominal &ordinal variables
◉ quantitative variable. Answer: discrete & continuous
, ◉ ordinal. Answer: if there is a clear ordering of the categories;
categorical
ex: size of a pizza
◉ nominal. Answer: if there is NOT a clear ordering of the
categories; categorical
ex: type of fruit
◉ discrete. Answer: if the variables can only take particular values in
an interval; quantitative
ex: goals scored... 1, 2, 3...
◉ continuous. Answer: if the variables can take on any value in any
interval; quantitative
ex: height of penguins... 29.2in, 24 in, etc
◉ range formula. Answer: maximum value - minimum value
◉ median. Answer: value that lies in the middle of the data when
arranged in ascending order
◉ IQR. Answer: the range of the middle 50% of the observations in a
data set