Chap 8 Flashcards

1
Q

What is difference between data and information

A

Data = raw facts
Information = data that has been processed to meaningful

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2
Q

What do A’s in accurate stand for?

A

Accurate - precise enough for decision to be made
Authoritative - based on trustworthy sources

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3
Q

What do C’s in accurate stand for

A

Cost-effective - value > cost
Complete - all relevant facts

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4
Q

Whar does U in accurate stand for

A

Understandable - clearly presented so can be clearly understood

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5
Q

What does R in accurate stand for

A

Relevant - pertinent to used

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6
Q

What does T in accurate stand for

A

Timely- should be available within relevant time period

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7
Q

What does E in accurate stand for

A

Easy to use - accesible

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8
Q

What are the 6 types of data

A

Qualitative
Quantitative
Continuous
Discrete
Primary
Secondary

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9
Q

What are the 6 types of sampling

A

Random
Stratified random
Systematic
Cluster
Multistage
Quota

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10
Q

What is Stratified random

A

-pop split into non-overlapping groups
-1 sample from each group

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11
Q

What is Systematic

A

every nth

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12
Q

What is Cluster

A

Population is split into clusters
1/n clusters selected, all items in each cluster
Schools, 10 schools selected, all pupils counted

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13
Q

What is Multistage sampling

A

Large clusters, population units selected within each cluster
schools, girls, 11 yo counted

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14
Q

Quota

A

sample of n items are picked, bias, street interviewer

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15
Q

Bar chart

A

set width, height = value

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16
Q

histogram

A

area = value
Height = frequency * standard width/actual width

17
Q

Ogive

A

Cumulative frequency curve
used to estimate no of items below a certain threshold

18
Q

What does big data include

A

structured (database)
unstructured (social media, images)
metadata

19
Q

3 V’s of big data

A

Velocity
Volume
Variety

20
Q

What are the characteristics of good information

A

ACCURATE