Class Flashcards

1
Q

Permutation

A

The number of different ordered possibilities for a certain situation

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2
Q

Variance

A

A statistical measure of the spread or dispersion of a set of data. Population variance is represented by the symbol σ2, while sample variance is represented by the symbol s2

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3
Q

Inter-quartile range

A

The difference, in value, between the bottom and top 25 percent of the sample or population

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4
Q

Event

A

An outcome that occurs

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5
Q

Sampling with replacement

A

When a piece of the population can be selected more than once

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6
Q

Range

A

The difference between the minimum and maximum value in a given measurable set

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7
Q

Null hypothesis

A

The argument that there is no difference between two samples or that a sample has not changed over time

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8
Q

Hypothesis

A

A proposed explanation used as a starting point for future examination

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9
Q

Significance level

A

A number that is used as the cutoff for how statistically meaningful a probability, equal to or more extreme than what was observed, is

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10
Q

Trial

A

An experiment, a test of the performance or qualities of something or someone

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11
Q

Specification limits

A

The area, on either side of the centerline, or mean, of data plotted on a control chart that meets the customer’s requirements for a product or service. This area may be greater than or less than the area defined by the control limits

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12
Q

Sampling without replacement

A

When a piece of the population cannot be selected more than once

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13
Q

Scatter diagram

A

A graphic that uses dots to show relationships or correlations between variables

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14
Q

Control chart

A

A modified run chart that also provides upper and/or lower limits that a process should not exceed

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15
Q

Standard deviation

A

The square root of the variance, a measure of how spread out the numbers are

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16
Q

Mutually exclusive events

A

When two or more events are not able to occur at the same time

17
Q

Confidence interval

A

An interval estimate used to indicate reliability

18
Q

Mean

A

An average, calculated by adding a series of elements in a dataset together and dividing by the total number in the series

19
Q

Histogram

A

A graph that displays continuous data. This type of graph has vertical bars that show the counts or numbers in each range of data.

20
Q

Cumulative distributions

A

The probability that a random variable will be found at a value less than or equal to a given number

21
Q

Bar chart

A

A graph that measures the distribution of data over discrete groups or categories.

22
Q

Probability

A

The chance of an event occurring

23
Q

Alternative hypothesis

A

The argument that typically states that the sample is not equal to the hypothesized null sample

24
Q

test statistic

A

One value used to test the hypothesis, it is a numerical summary of the dataset

25
Q

Run chart

A

A line chart that shows performance measurements over time; run charts help to uncover trends or aberrations in processes

26
Q

Median

A

The value or quantity lying at the midpoint of a frequency distribution

27
Q

Z-score

A

A statistical measure that indicates the number of standard deviations a data point is from its mean

28
Q

Percentile

A

The value at which a certain percentage of the sample or population fall below

29
Q

Probability density function

A

Often used to represent probabilities of continuous data, a probability density function (pdf) gives the probability that a continuous random variable is equal to the area below it

30
Q

Combination

A

The number of different unordered possibilities for a certain situation

31
Q

Line graph

A

A graph that illustrates relationships between two changing variables with a line or curve that connects a series of successive data points

32
Q

Multiplication Principle

A

When the probabilities of multiple events are multiplied together to determine the likelihood of all of those events occurring

33
Q

Complement

A

The occurrence of an event not happening, the opposite