STATISTICS Flashcards
deals with the collection, presentation, decisions
statistics
branches of statistics
descriptive statistics
inferential statistics
concerned with describing the characteristics and properties
descriptive statistics
draws inferences about a population based on the data gathered from the samples.
inferential statistics
the totality of all observations from which the dataset is acquired.
population
small group taken from the population
sample
a group heterogenous as possible taken from the large group to represent the population
sample
variable that describes population
parameter
variable that describe sample
statistic
are the parameters being studied in statistics
variables
2 types of variables
qualitative variables
quantitative variables
also known as categorical data which are commonly answered by non numeric data usually qualitative in form.
qualitative variables
also known as numerical data which are information and observations that are countable or measurable quantities.
quantitative variables
2 categories of quantitative
continuous data
discrete data
measurable quantities. Have infinite values between intervals.
continuous data