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Business Statistics Final Reviewer

This document provides definitions and examples of key statistical concepts and terms. It defines median as the value separating higher and lower halves of data. It provides examples of primary data, secondary data, systematic random sampling, stratified random sampling, and more. It also includes examples of different data types, scales of measurement, sampling methods, and levels of measurement.

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Jonna Lynne
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161 views1 page

Business Statistics Final Reviewer

This document provides definitions and examples of key statistical concepts and terms. It defines median as the value separating higher and lower halves of data. It provides examples of primary data, secondary data, systematic random sampling, stratified random sampling, and more. It also includes examples of different data types, scales of measurement, sampling methods, and levels of measurement.

Uploaded by

Jonna Lynne
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Median the value separating the higher half from the lower half of data sample

Data information that we gathered trough survey


Experimentation not an Example of secondary data
Newspapers not an Example of primary data
Systematic random sampling items or individuals are arranged in some way perhaps alphabetically or other sort
Stratified Random Sampling type of planning a population is first divided into subsets based on homogeneity called strata.
Singular Form NOT an example of Data Presentation
Standard Deviation a quantity calculated to indicate the extent of deviation for a group as a whole
Pie Graph circular statistical presentation of data
done by subdividing the population into smaller units and then selecting only at random some
Cluster Sampling
primary units where the study would then be concentrated
Mean the average value of all the data in the set
Line Graph a graphical presentation of data by connecting all the data to make a line
Frequency Polygon a closed figure of n sides constructed by plotting the class marks against the frequency
Ogive also known as cumulative frequency polygon
Mode set of data values is the value that appears most often
sampling technique where a subset of individuals chosen from a larger set. Each individual chosen
Simple Random sampling
randomly and entirely by a chance.
Skewness degree of symmetry, or departures from symmetry of a set of data
Quartile values that divide a list of numbers into quarters
Percentile values that divide a list of numbers into one hundred equal parts
n=1+3.323log(N) Sloven’s formula use

Discrete number of absences per year is example of what data?


Nominal Data that can be classified according to color are measured on what scale
The number of square feet in
example of continuous variable
each of 20 houses
If Alice gets a score of 0 on variable x and 5 on variable y and bob gets a score of 2 on variable x
16
and 3 on variable y what is the ∑xy?
Greek numbers parameters are usually symbolized
All of those Which levels measures considered quantitative
Statistician person who simply collects information
Statistics Collecting, organizing, presenting, analyzing and interpreting numerical data
Health public health program, hospitalization, problems of medical and occurrence..
Adolf Quetelet father of statistics

ratio Level number of exam given in biostatistics course


ordinal ratings of word-processing programs as use-friendly
interval temperatures of a sample of automobile tires tested at 55 miles per hour for six minutes
ratio level weight of suitcases on a selected commercial flight
nominal classification of students according to major field

Continuous The time and speed it takes to drive to work


Continuous The amount of drugs injected in to a rat
Continuous the amount of sodium contained in a bag of potato chips
Discrete the number of cars stolen each week in metro manila
Continuous the number of hours children watch televisions
Continuous housing cost
Continuous unemployment rate
Continuous homicide rate in major city
Continuous concentration of pcb in a chemical spill
Continuous duration of a kidney transplant operation

Qualitative Color of jackets


Quantitative number of seats
Qualitative classification of children
Quantitative length of fish
Quantitative number of students

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