MATH 2600 Final Exam Review Questions With
Complete Answers
statistics - ANSWER way of reasoning, along with a collection of tools and methods,
designed to help us understand the world
statistic - ANSWER numerical summary describing a sample
data - ANSWER observations that have been collected
descriptive statistics - ANSWER collection, presentation, and description of data in the
form of graphs, table, and numerical summaries such as averages, percentages, standard
deviations, etc.
inferential statistics - ANSWER interpretation of data as well as drawing conclusions and
making generalizations about the population of interest
what is the interpretation of data based on? - ANSWER the result of the sample
population - ANSWER entire group of subjects we want to gain information about
sample - ANSWER subgroup of population from which we obtain information in order to
draw conclusions about the entire population
, sample size denotation? - ANSWER n
parameter - ANSWER numerical summary describing a population
who - ANSWER this refers to the subjects participating in a study
quantitative data - ANSWER numerical data
categorical data - ANSWER data that can be separated into categories
discrete - ANSWER type of quantitative data, countable numbers (ex.: 1, 2, 3, 4, credit
hours, etc.)
continuous - ANSWER type of qualitative data, there is an infinite amount of possibilities
for the data that falls under this category (ex.: prices)
nominal - ANSWER type of categorical data, characterized by data that consists of labels,
names, and categories only (ex.: phone number)
ordinal - ANSWER type of categorical data, this is data that has an ordering scheme (ex.:
house number, flight class, zip code, year, etc.)
Complete Answers
statistics - ANSWER way of reasoning, along with a collection of tools and methods,
designed to help us understand the world
statistic - ANSWER numerical summary describing a sample
data - ANSWER observations that have been collected
descriptive statistics - ANSWER collection, presentation, and description of data in the
form of graphs, table, and numerical summaries such as averages, percentages, standard
deviations, etc.
inferential statistics - ANSWER interpretation of data as well as drawing conclusions and
making generalizations about the population of interest
what is the interpretation of data based on? - ANSWER the result of the sample
population - ANSWER entire group of subjects we want to gain information about
sample - ANSWER subgroup of population from which we obtain information in order to
draw conclusions about the entire population
, sample size denotation? - ANSWER n
parameter - ANSWER numerical summary describing a population
who - ANSWER this refers to the subjects participating in a study
quantitative data - ANSWER numerical data
categorical data - ANSWER data that can be separated into categories
discrete - ANSWER type of quantitative data, countable numbers (ex.: 1, 2, 3, 4, credit
hours, etc.)
continuous - ANSWER type of qualitative data, there is an infinite amount of possibilities
for the data that falls under this category (ex.: prices)
nominal - ANSWER type of categorical data, characterized by data that consists of labels,
names, and categories only (ex.: phone number)
ordinal - ANSWER type of categorical data, this is data that has an ordering scheme (ex.:
house number, flight class, zip code, year, etc.)
