100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Statistics 101 With Complete Solutions $13.99   Add to cart

Exam (elaborations)

Statistics 101 With Complete Solutions

 5 views  0 purchase
  • Course
  • Statistics 101
  • Institution
  • Statistics 101

Statistics 101 With Complete Solutions

Preview 3 out of 18  pages

  • September 17, 2024
  • 18
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Statistics 101
  • Statistics 101
avatar-seller
Schoolflix
Statistics 101 With Complete Solutions

Design Answer: Stating the goal and/or statistical question of interest and planning how to obtain
data that will address them



Description Answer: Summarizing and analyzing the data that are obtained



Inference Answer: Making decisions and predictions based on the data for answering statistical
questions



Variable Answer: The characteristic of being measured; any characteristic observed in a study (parts
of the study that are being studied)



Population Answer: Set of all of the subjects of interest



Sample Answer: The subset of the population for whom we will collect data



Descriptive Statistics Answer: Methods for summarizing collected data



Inferential Statistics Answer: Methods of making decisions or predictions about a population based
on data obtained from a sample of that population; make predictions and draw conclusions



Sample Statistics Answer: Percentage of a sample for a specific variable



Parameter Answer: Numerical summary of the population

,Statistic Answer: A numerical summary of a sample taken from the population



Statistically Significant Answer: When the difference between results is so large that it'd be odd to
see such a difference by ordinary random variation



Categorical Answer: A variable on which each observation belongs to one of a set of distinct
categories



Quantitative Answer: A variable on which observations take numerical values that represent
different magnitudes of the variable



Quantitative Variables Key Features Answer: 1) Center, 2) Variability (spread) of the data



Categorical Variables Key Features Answer: Relative number of observations in various categories



Discrete Answer: A quantitative variable whose possible values for a set of separate numbers; " the
number of..."; anything with a finite number of possible values



Continuous Answer: A quantitative variable whose values form an interval; variables that have an
infinite continuum of possible values



Distribution of a Variable Answer: Describes how the observations fall (are distributed) across the
range of possible values. For a categorical variable, the possible values are the different categories:
simply shows all possible categories and the number (or proportion) of observations falling into each
category. For a quantitative variable, the entire range of possible values is split up into separate intervals
and the number (or proportion) of observations falling in each interval.



Modal Category Answer: Category with the largest frequency

, Quantitative Variable Characteristics Answer: Shape, center, variability



Frequency Table Answer: A listing of possible values for a variable, together with the number of
observations for each value



Proportion of Observations Answer: The number of observations in that category divided by the
total number of observations



Percentage Answer: The proportion multiplied by 100



Relative Frequencies Answer: Proportions and percentages



Pareto Chart Answer: A bar graph with categories ordered by their frequency



Pareto Principle Answer: The principle that states that a small subset of observations often contain
most of the observations



Dot Plot Answer: A plot that portrays a dot for each observation placed just above the value on the
number line for that observation



Stem-and-Leaf Plot Answer: Each observation is represented by a stem and a leaf; usually the stem
consists of all of the digits except for the final one, which is the leaf



Histogram Answer: A graph that utilizes bars to portray the frequencies or the relative frequencies
of the possible outcomes for a quantitative variable; bars represent a quantitative variable

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller Schoolflix. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $13.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

78252 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$13.99
  • (0)
  Add to cart