WGU C207 Data Driven Decision Making Module 2 Already Passed(Graded A+)

Confidence Interval - ANSWER An interval estimate used to indicate reliability Probability Density Function - ANSWER Often used to represent probabilities of continuous data; gives the probability that a continuous random variable is equal to the area below it Standard Deviation - ANSWER The square root of the variance; a measure of how spread out the numbers are Histogram - ANSWER A graph that displays continuous data. This type of graph has vertical bars that show the counts or numbers in each range of data. Sampling with replacement - ANSWER When a piece of the population can be selected more than once Percentile - ANSWER The value at which a certain percentage of the sample or population fall below Median - ANSWER The value or quantity lying at the midpoint of a frequency distribution Scatter diagram - ANSWER A graphic that uses dots to show relationships or correlations between variables Multiplication Principle - ANSWER When the probabilities of multiple events are multiplied together to determine the likelihood of all of those events occurring