Math 201 Exam Questions with 100% Correct Answer | latest update

Math 201 Exam Questions with 100% Correct Answer | latest update Descriptive Statistics - utilizes numerical and graphical methods to explore data, i.e. to look for patterns in a data set, to summarize the info revealed in a data set, and to present the information in a convenient form Inferential Statistics - utilizes sample data to make estimates, decisions, predictions, or other generalizations about a larger set of data Statistics - the science of data. Involves collecting, classifying, summarizing, organizing, analyzing, and interpreting numerical and categorical data experimental (or observational) unit - is an object (e.g. person, thing, transaction, or event) upon which we collect data population - a set of units (usually people, objects, transactions, or events) that we are interested in studying variable - characteristic or property of an individual experimental (or behavioral) unit