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Elementary Statistics Exam Script Updated Questions And Accurate Answers Full Solution

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ELEMENTARY STATISTICS EXAM SCRIPT UPDATED QUESTIONS AND ACCURATE ANSWERS FULL SOLUTION

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ELEMENTARY STATISTICS EXAM SCRIPT
UPDATED QUESTIONS AND ACCURATE
ANSWERS FULL SOLUTION

●● Variable
Answer: a characteristic or attribute that can assume different values.


●● Data
Answer: the values (measurements or observations) that the variables
can assume. Information.


●● Random Variables
Answer: variables whose values are determined by chance.


●● Data Set
Answer: a collection of data values.


●● Data Value (Datum)
Answer: each value in the data set.


●● Descriptive Statistics

, Answer: consists of the collection, organization, summarization, and
presentation of data. Describing a situation.


●● Inferential Statistics
Answer: consists of generalizing from samples to populations,
performing estimations & hypothesis tests, determining relationships
among variables, & making predictions.


●● Probability
Answer: the chance of an event occurring.


●● Population
Answer: consists of all subjects (human or otherwise) that are being
studied.


●● Sample
Answer: a group of subjects selected from a population.


●● Hypothesis Testing
Answer: a decision making process for evaluating claims about a
population, based on information obtained from samples.


●● Placebo

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