#### Study sets matching "stats 1040"

#### Study sets matching "stats 1040"

Statistics

Descriptive statistic

Inferential statistic

Population

How to collect, organize, summarize and analyze information s…

Organizing and summarizing collected data

Methods that take sample results to extend it to (generalize…

Entire group of interest being studied

Statistics

How to collect, organize, summarize and analyze information s…

Descriptive statistic

Organizing and summarizing collected data

data

statistics

population

census

collections of observations like measurements, genders, or su…

the science of planning studies and experiments

complete collection of all measurements or data that are bein…

data from everyone ,100%

data

collections of observations like measurements, genders, or su…

statistics

the science of planning studies and experiments

The Goal of statistics is:

Data is:

Datum is:

Statistics is:

Learn about a large group by examining sample data from its m…

Collections of observations, such as measurements, genders, o…

A single data value is called a datum

The science of planning studies and experiments; obtaining da…

The Goal of statistics is:

Learn about a large group by examining sample data from its m…

Data is:

Collections of observations, such as measurements, genders, o…

What are the 4 methods of data collect…

What is an observational study?

What is an experiment?

What is a simulation?

Observation, Experiment, Simulation, Survey

Researcher observes, but does NOT change existing conditions.

A treatment is applied to part of a population, so existing c…

The use of a mathematical or physical model to reproduce the…

What are the 4 methods of data collect…

Observation, Experiment, Simulation, Survey

What is an observational study?

Researcher observes, but does NOT change existing conditions.

Data

Statistics

Population

Sample

A fact or proposition used to draw a conclusion or make decis…

The science of collecting, organizing, summarizing, and analy…

The entire group of individuals to be studied is called the p…

is a subset of the population being studied.

Data

A fact or proposition used to draw a conclusion or make decis…

Statistics

The science of collecting, organizing, summarizing, and analy…

Different types of hypothesis testing…

t-Test Test Statistic

Z-Test Test Statistic

Two variable Z-Test Test Statistic

z-test (one sample): when comparing population to a single nu…

(sample statistic-#)/SE+

(sample statistic-#)/SE

(Sample A statistic-Sample B statistic)/SEdiff

Different types of hypothesis testing…

z-test (one sample): when comparing population to a single nu…

t-Test Test Statistic

(sample statistic-#)/SE+

parsimony

reification

empirical method

scientific method

the goal of accounting for the maximum number of empirical fi…

treating empirical findings as if it were a straightforward e…

obtaining info on the basis of observation

acquiring and testing knowledge through systematic observatio…

parsimony

the goal of accounting for the maximum number of empirical fi…

reification

treating empirical findings as if it were a straightforward e…

Population

Parameters

Sample

Statistics

Tickets in the box

Describes the percentage or average of the box

A small group of subjects gathered from a larger population

A numerical value measured from a sample

Population

Tickets in the box

Parameters

Describes the percentage or average of the box

Types of knowledge

objectivity

skepticism

open mindedness

-personal experience (not reliable)... -rationalism (reliable bu…

supporting evid must be observable by anyone

claims must be backed up by evidence and critically evaluated

open to new evidence & replication

Types of knowledge

-personal experience (not reliable)... -rationalism (reliable bu…

objectivity

supporting evid must be observable by anyone

Market Basket

Price Index

Consumer Price Index (CPI)

CPI

List of specific goods and services in fixed quantities.

Measure showing how much the cost of a market basket has chan…

Measure that tracks changes in the cost of a basket of goods…

(Cost of desired-year basket in base-year prices) / (cost of…

Market Basket

List of specific goods and services in fixed quantities.

Price Index

Measure showing how much the cost of a market basket has chan…

3.1 Measures of Central Tendency: Mean

3.1 Measures of Central Tendency: Median

3.1 Measures of Central Tendency: Mode

3.1 Measures of Central Tendency: Resi…

- The average.... - Used when data are quantitative and the freq…

- The data value "in the middle"... - Used when the data are qua…

- The most frequently occurring value... - Can be applied to bot…

Resistant statistic is a numerical summary (statistic or para…

3.1 Measures of Central Tendency: Mean

- The average.... - Used when data are quantitative and the freq…

3.1 Measures of Central Tendency: Median

- The data value "in the middle"... - Used when the data are qua…

What is QUALITATIVE data?

What is QUANTITATIVE data?

What is a good way to remember the lev…

What is the NOMINAL level of measureme…

Attributes, labels or NON-NUMERICAL entries

Consists of NUMERICAL measurements or counts

N.O.I.R (Think Pinot Noir)

Qualitative only! No mathematical computations can be made at…

What is QUALITATIVE data?

Attributes, labels or NON-NUMERICAL entries

What is QUANTITATIVE data?

Consists of NUMERICAL measurements or counts

Data

Statistics

Population

Census

Numeric measurements for certain variables; collections of ob…

Science of planning studies and experiments and then observin…

Complete collection ofall measurements that are being conside…

Collection of data from every member of population

Data

Numeric measurements for certain variables; collections of ob…

Statistics

Science of planning studies and experiments and then observin…

Define Statistics [C-O-S-A]

Define Individual

Descriptive Statistics

Inferential Statistics

The science of collecting, organizing, summarizing, and analy…

A person or object that is a member of the population being s…

Consists of organizing and summarizing information collected

Uses methods that generalize results obtained from a sample t…

Define Statistics [C-O-S-A]

The science of collecting, organizing, summarizing, and analy…

Define Individual

A person or object that is a member of the population being s…

Statistics

data

Data can be

Anecdotal means

is the science of collecting, organizing, summarizing, and an…

a fact or proposition used to draw a conclusion or make a dec…

numerical, as in height, or nonnumerical, as in gender

that the information being conveyed is based on casual observ…

Statistics

is the science of collecting, organizing, summarizing, and an…

data

a fact or proposition used to draw a conclusion or make a dec…

Statistical Study

Variables

Most Important Stat. Fact

Observational Studies

is any study that records data about individuals.

are values that are given to individuals during studies that…

is how the data was produced.

try to gather information without disturbing the scene they w…

Statistical Study

is any study that records data about individuals.

Variables

are values that are given to individuals during studies that…

Define statistics

Why is it important to study statistics?

What are the four forms in which psych…

What is scientific method? (Chapter 2,…

Statistics: Focuses on organisation, analysis and interpretat…

To correctly substantiate claims with empirical evidence

1. Description - mapping out and understanding regularities i…

A procedure for acquiring and testing knowledge through syste…

Define statistics

Statistics: Focuses on organisation, analysis and interpretat…

Why is it important to study statistics?

To correctly substantiate claims with empirical evidence

Standard Unit

normal approximation

Interquartile Range

percentile

a value is converted to this by seeing how many SDs it is abo…

consists of replacing the original histogram by the normal cu…

75th percentile--25th percentile

score

Standard Unit

a value is converted to this by seeing how many SDs it is abo…

normal approximation

consists of replacing the original histogram by the normal cu…

What is Statistics?

Why do we need statistics?

Statistical Solving Process

Observational Study

The methodology for appropriately collecting data, summarizin…

Helps us deal w/ the variation that is everywhere in life by…

1. State 2. Formulate 3. Solve 4. Conclude

A study that merely observes conditions of individuals in a p…

What is Statistics?

The methodology for appropriately collecting data, summarizin…

Why do we need statistics?

Helps us deal w/ the variation that is everywhere in life by…

Population

Variable

Individuals

Observational Study

In a statistical study is the entire group of individuals abo…

Any characteristic of an individual. It can take different va…

Objects described by a set of data.

observes individuals and measures variables of interest but d…

Population

In a statistical study is the entire group of individuals abo…

Variable

Any characteristic of an individual. It can take different va…

Double Blind

Stratified

Ordinal

Nominal

An experiment in which both the person administering the trea…

This kind of sampling involves defining homogeneous subgroups…

A level of measurement that indicates only an order, or rank.…

A level of measurement that consists of names, labels or cate…

Double Blind

An experiment in which both the person administering the trea…

Stratified

This kind of sampling involves defining homogeneous subgroups…

1960s

Vet Tech duties

Dr. Walt Collins

animal health technicians

Veterinary technician profession began to take form in what y…

-radiology tech... -laboratory tech... -medical nurse ... -surgical nu…

Father of veterinary technology

veterinary technicians were first called...

1960s

Veterinary technician profession began to take form in what y…

Vet Tech duties

-radiology tech... -laboratory tech... -medical nurse ... -surgical nu…

Statistics

Population

Individual

Sample

Science of collecting organizing summarizing analyzing info t…

Whole group to be studied

Member of group being studied person or object

...subset of population being studied

Statistics

Science of collecting organizing summarizing analyzing info t…

Population

Whole group to be studied

1960s

Dr. Walt Collins

animal health technicians

200

Veterinary technician profession began to take form in what y…

Father of veterinary technology

veterinary technicians were first called...

How many accredited AVMA programs of veterinary technology

1960s

Veterinary technician profession began to take form in what y…

Dr. Walt Collins

Father of veterinary technology

Audience Analysis

Audience-centered perspective

Attitudes

Beliefs

The process of gathering and analyzing information about audi…

Assuming an audience-centered perspective will help you prepa…

our general evaluations of people, ideas, objects, or events

Attitudes are based on beliefs, the ways in which people perc…

Audience Analysis

The process of gathering and analyzing information about audi…

Audience-centered perspective

Assuming an audience-centered perspective will help you prepa…

Data

Statistics

Population

Sample

A fact or proposition used to draw a conclusion or make decis…

The science of collecting, organizing, summarizing, and analy…

The entire group of individuals to be studied is called the p…

is a subset of the population being studied.

Data

A fact or proposition used to draw a conclusion or make decis…

Statistics

The science of collecting, organizing, summarizing, and analy…

The causes of changes in prices

business

profits

external environment

supply, demand, global trends, uncertainty

organization that provides goods or services to earn profits

difference between a business's revenues and expenses

everything outside an organization's boundaries that might af…

The causes of changes in prices

supply, demand, global trends, uncertainty

business

organization that provides goods or services to earn profits

Statistics

Data

Population

Individual

Collecting information to answer a question

Fact to make conclusion or decision (data can vary)

Group of individuals being studied

A person or object that is a member of population being studied

Statistics

Collecting information to answer a question

Data

Fact to make conclusion or decision (data can vary)

census

stratified sampling

systematic sampling

simple random sampling

measure of entire population or interest group

a few members of each group

selecting every nth member of a population

every sample has equal chance of being selected

census

measure of entire population or interest group

stratified sampling

a few members of each group

Producer Price Index measures the cost…

When constructing CPI, Bureau of Labor…

When relative price of a good increase…

Recent changes in methods used to comp…

Bought by Firms

survey sellers to determine what the typical consumer buys

buying smaller quantity of that good & a larger quantity of s…

upward bias in the CPI inflation rate less severe than it use…

Producer Price Index measures the cost…

Bought by Firms

When constructing CPI, Bureau of Labor…

survey sellers to determine what the typical consumer buys

(X-bar)

∑ (sigma)

∑Χ (sigma X)

alpha level

Statistical notation for the mean of X. The mean of Y would be

Statistical notation indicating summation (i.e. 'the sum of .…

Statistical notation for the sum of all the scores of a given…

The largest probability that the researcher is prepared to ac…

(X-bar)

Statistical notation for the mean of X. The mean of Y would be

∑ (sigma)

Statistical notation indicating summation (i.e. 'the sum of .…

Confounder

Simpson's Paradox

Weighted Average

Causation

A third variable, associated with both the treatment and the…

When relationships between percentages in subgroups are rever…

A technique for computing an average rate that takes into acc…

A definitive relationship that can be established only with c…

Confounder

A third variable, associated with both the treatment and the…

Simpson's Paradox

When relationships between percentages in subgroups are rever…

Unemployed and in the labor force

80%

8.3%

28.5%

Eric was laid off two months ago. He has not searched for oth…

The adult Population in the town of Shelbyville is 150 thousa…

Suppose that the adult population is 4 million, the number of…

Suppose the same country had an adult population of about 50…

Unemployed and in the labor force

Eric was laid off two months ago. He has not searched for oth…

80%

The adult Population in the town of Shelbyville is 150 thousa…

Hypothesis

Controlled Experiment

Experimental Group vs. Controlled Group

Independent vs. Dependent Variable

Explanation for Scientific Observation

Test for hypothesis

Manipulation vs. No Manipulation

Factor being Manipulated vs. Measured Result

Hypothesis

Explanation for Scientific Observation

Controlled Experiment

Test for hypothesis

real GDP per capita

real GDP per capita growth rate =

Compounding

GDP per capita in any year

describes the change in purchasing power for each person over…

nominal GDP growth rate - inflation rate - population growth…

Economic growth builds on itself over time.... This process is s…

GDPyear A= GDPyearB*(1=growth rate)^(year A-year B)

real GDP per capita

describes the change in purchasing power for each person over…

real GDP per capita growth rate =

nominal GDP growth rate - inflation rate - population growth…

Science

Anecdotal Evidence

Peer Review

Hypothesis

The process of using observations and experiments to draw con…

An informational observation that has not been systematically…

A process in which independent scientific experts read scient…

A tentative explanation for a scientific observation or quest…

Science

The process of using observations and experiments to draw con…

Anecdotal Evidence

An informational observation that has not been systematically…

science

anecdotal evidence

peer review

scientific method

knowledge based on observation and experimentation to explain…

informal observation that hasn't been systematically tested

process in which scientific experts read scientific studies b…

observations -> hypothesis -> testable prediction (if/then) -…

science

knowledge based on observation and experimentation to explain…

anecdotal evidence

informal observation that hasn't been systematically tested

marketing research

marketing research problem

marketing research objective

management decisions problem

the process of planning, collecting, and analyzing data relev…

determining what information is needed and how that informati…

the specific information needed to solve a marketing research…

a broad-based problem that uses marketing research in order f…

marketing research

the process of planning, collecting, and analyzing data relev…

marketing research problem

determining what information is needed and how that informati…

Arithmetic Mean

Parameter

Statistic

Median

Computed by determining the sum of all the values of a variab…

Population Mean (mew)

Sample Mean (x-bar)

The value that lies in the middle of the data when arranged i…

Arithmetic Mean

Computed by determining the sum of all the values of a variab…

Parameter

Population Mean (mew)

government

monarchy

totalitarianism

oligrachy

the formal vehicle through which policies are made and affair…

a form of government is vested in hereditary kings and queens…

a form of government in which power resides in a leader who r…

a form of government in which the right to participate depend…

government

the formal vehicle through which policies are made and affair…

monarchy

a form of government is vested in hereditary kings and queens…

How is the Arithmetic Mean Computed?

How is the population arithmetic mean…

How is the sample arithmetic mean comp…

What is the arithmetic mean generally…

Is computed by adding all the values of the variable in the d…

Is computed by using all the individuals in a population, the…

By using sample data. The sample mean is the arithmetic.

The mean

How is the Arithmetic Mean Computed?

Is computed by adding all the values of the variable in the d…

How is the population arithmetic mean…

Is computed by using all the individuals in a population, the…

1040 EZ Form

Asset

Barter

Budget

income tax return for single and joint filers with no depende…

Anything of value that is owned

(n.) an exchange in trade; (v.) to exchange goods

A plan for making and spending money

1040 EZ Form

income tax return for single and joint filers with no depende…

Asset

Anything of value that is owned

What is Statistics?

Four steps to statistical solving?

Types of statistical studies?

What is the difference between Observa…

Methodology for collecting, summarizing, and drawing conclusi…

State, formulate, solve, conclude

Observational and Experimental

Who gives the treatment. Ask yourself, is I was the participa…

What is Statistics?

Methodology for collecting, summarizing, and drawing conclusi…

Four steps to statistical solving?

State, formulate, solve, conclude

Empirical results:... A. must support the…

Science is:... A. a process that can only…

All of the following are elements of b…

The scientific method can be more powe…

D. are based on observation.

D. both a body of knowledge and an intellectual activity enco…

C. having read the most important books in biology.

E. All except choice D are correct.

Empirical results:... A. must support the…

D. are based on observation.

Science is:... A. a process that can only…

D. both a body of knowledge and an intellectual activity enco…

Frequency theory

conditional chance

unconditional chance

the multiplication rule

works best for processes which can be repeated over and over…

A problem puts a condition on the first card; mathematician m…

there is no conditions put on the problem

the chance that two things will both happen equals the chance…

Frequency theory

works best for processes which can be repeated over and over…

conditional chance

A problem puts a condition on the first card; mathematician m…

questions - read literature - hypothes…

dependent variable

A theory

Separate control and experimental groups

steps of scientific process

Study was conducted to determine if the growth rate of babies…

A scientific hypothesis in NOT

A controlled experiment describes the use of

questions - read literature - hypothes…

steps of scientific process

dependent variable

Study was conducted to determine if the growth rate of babies…