Stats Chapter 1
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Created by:
bulllombardo on February 14, 2012
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19 terms
Terms | Definitions |
|---|---|
Data | facts and figures collected, analyzed, and summarized for presentation and interpretation |
Data Set | all the data collected |
Elements | Entities on which data is collected |
Variable | Characteristic of interest for the elements |
Observation | measurement obtained for a particular element |
Nominal | labels or names, nonnumeric label or numeric code |
Ordinal | order or rank of the data is meaningful |
Interval | always numeric |
Ratio | ratio of 2 values is meaningful, variables such as height weight, time |
Categorical Data | labels or names used to identify, referred to as qualitative data, can be both numeric and nonnumeric |
Quantitative Data | how many or how much, always numeric |
Discrete | measuring how many |
Continuous | how much |
Cross-Sectional Data | collected at the same or approximately the same point in time |
Time Series Data | collected over several periods of time |
Population | set of all elements of interes |
Sample | subset of the population |
Statistical Inference | process of using data obtained from a sample to make estimates and test hypotheses |
Census | collecting data for the entire population |
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