WHAT IS STATISTICS STATISTICS is the study of how to collect, organize, analyze, and interpret data

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<p>What is statistics</p> <p>What is statistics STATISTICS is the study of how to collect, organize, analyze, and interpret data.What is statistics STATISTICS is the study of how to collect, organize, analyze, and interpret data.</p> <p>We could do a survey to COLLECT data about something we want to study or investigate.What is statistics STATISTICS is the study of how to collect, organize, analyze, and interpret data.</p> <p>We could do a survey to COLLECT data about something we want to study or investigate.</p> <p>We could then ORGANIZE the data into a pie chart, t table, or graph.What is statistics STATISTICS is the study of how to collect, organize, analyze, and interpret data.</p> <p>We could do a survey to COLLECT data about something we want to study or investigate.</p> <p>We could then ORGANIZE the data into a pie chart, t table, or graph.</p> <p>Next we can look at the data using statistical measures and ANALYZE the data to see what it is telling us.What is statistics STATISTICS is the study of how to collect, organize, analyze, and interpret data.</p> <p>We could do a survey to COLLECT data about something we want to study or investigate.</p> <p>We could then ORGANIZE the data into a pie chart, t table, or graph.</p> <p>Next we can look at the data using statistical measures and ANALYZE the data to see what it is telling us.</p> <p>Lastly, we can INTERPRET the findings by possibly predicting future outcomes using those measures.What is statistics STATISTICS is the study of how to collect, organize, analyze, and interpret data.</p> <p>We could do a survey to COLLECT data about something we want to study or investigate.</p> <p>We could then ORGANIZE the data into a pie chart, t table, or graph.</p> <p>Next we can look at the data using statistical measures and ANALYZE the data to see what it is telling us.</p> <p>Lastly, we can INTERPRET the findings by possibly predicting future outcomes using those measures.</p> <p>Stock brokers are constantly using statistics to help predict future prices of stocks and commodities.What is statistics There are some definitions we need to cover before we really begin.What is statistics There are some definitions we need to cover before we really begin.</p> <p>INDIVIDUALS people or objects included in the study.What is statistics There are some definitions we need to cover before we really begin.</p> <p>INDIVIDUALS people or objects included in the study.</p> <p>VARIABLE a characteristic about the individuals to be measured or observed.What is statistics There are some definitions we need to cover before we really begin.</p> <p>INDIVIDUALS people or objects included in the study.</p> <p>VARIABLE a characteristic about the individuals to be measured or observed.</p> <p>For example, we could do a study about people who have successfully climbed Mount Everest.What is statistics There are some definitions we need to cover before we really begin.</p> <p>INDIVIDUALS people or objects included in the study.</p> <p>VARIABLE a characteristic about the individuals to be measured or observed.</p> <p>For example, we could do a study about people who have successfully climbed Mount Everest.The INDIVIDUALS would be the actual people.What is statistics There are some definitions we need to cover before we really begin.</p> <p>INDIVIDUALS people or objects included in the study.</p> <p>VARIABLE a characteristic about the individuals to be measured or observed.</p> <p>For example, we could do a study about people who have successfully climbed Mount Everest.The INDIVIDUALS would be the actual people.A VARAIABLE could be the age or height of the people.What is statistics There are some definitions we need to cover before we really begin.</p> <p>INDIVIDUALS people or objects included in the study.</p> <p>VARIABLE a characteristic about the individuals to be measured or observed.</p> <p>For example, we could do a study about people who have successfully climbed Mount Everest.The INDIVIDUALS would be the actual people.A VARAIABLE could be the age or height of the people.</p> <p>QUANTITATIVE DATA has a value or numerical measurement for which mathematical operations such as addition or averaging can be calculated.What is statistics There are some definitions we need to cover before we really begin.</p> <p>INDIVIDUALS people or objects included in the study.</p> <p>VARIABLE a characteristic about the individuals to be measured or observed.</p> <p>For example, we could do a study about people who have successfully climbed Mount Everest.The INDIVIDUALS would be the actual people.A VARAIABLE could be the age or height of the people.</p> <p>QUANTITATIVE DATA has a value or numerical measurement for which mathematical operations such as addition or averaging can be calculated.</p> <p>QUALITATIVE DATA describes an individual by placing them in a category or group.What is statistics There are some definitions we need to cover before we really begin.</p> <p>INDIVIDUALS people or objects included in the study.</p> <p>VARIABLE a characteristic about the individuals to be measured or observed.</p> <p>For example, we could do a study about people who have successfully climbed Mount Everest.The INDIVIDUALS would be the actual people.A VARAIABLE could be the age or height of the people.</p> <p>QUANTITATIVE DATA has a value or numerical measurement for which mathematical operations such as addition or averaging can be calculated.</p> <p>QUALITATIVE DATA describes an individual by placing them in a category or group.</p> <p>Going back to our Mt. Everest climbers, their age or height is QUANTITATIVE, male or female is QUALITATIVE.What is statistics POPULATION DATA the data are from EVERY individual of interest.What is statistics POPULATION DATA the data are from EVERY individual of interest.</p> <p>SAMPLE DATA the data are from ONLY SOME of the individuals of interest.What is statistics POPULATION DATA the data are from EVERY individual of interest.</p> <p>SAMPLE DATA the data are from ONLY SOME of the individuals of interest.</p> <p>Again if we look at the Mt. Everest climbers; POPULATION DATA would include every person who ever climbed Mt. Everest. SAMPLE DATA could be just those who have climbed in the past 5 years.What is statistics POPULATION DATA the data are from EVERY individual of interest.</p> <p>SAMPLE DATA the data are from ONLY SOME of the individuals of interest.</p> <p>Again if we look at the Mt. Everest climbers; POPULATION DATA would include every person who ever climbed Mt. Everest. SAMPLE DATA could be just those who have climbed in the past 5 years.</p> <p>POPULATION PARAMETER a numerical measure that describes an aspect of the population.What is statistics POPULATION DATA the data are from EVERY individual of interest.</p> <p>SAMPLE DATA the data are from ONLY SOME of the individuals of interest.</p> <p>Again if we look at the Mt. Everest climbers; POPULATION DATA would include every person who ever climbed Mt. Everest. SAMPLE DATA could be just those who have climbed in the past 5 years.</p> <p>POPULATION PARAMETER a numerical measure that describes an aspect of the population.</p> <p>The proportion of males who have climbed Mt. Everest is a POPULATION PARAMETER.What is statistics POPULATION DATA the data are from EVERY individual of interest.</p> <p>SAMPLE DATA the data are from ONLY SOME of the individuals of interest.</p> <p>Again if we look at the Mt. Everest climbers; POPULATION DATA would include every person who ever climbed Mt. Everest. SAMPLE DATA could be just those who have climbed in the past 5 years.</p> <p>POPULATION PARAMETER a numerical measure that describes an aspect of the population.</p> <p>The proportion of males who have climbed Mt. Everest is a POPULATION PARAMETER.</p> <p>SAMPLE STATISTIC a numerical measure that describes an aspect of a sampleWhat is statistics POPULATION DATA the data are from EVERY individual of interest.</p> <p>SAMPLE DATA the data are from ONLY SOME of the individuals of interest.</p> <p>Again if we look at the Mt. Everest climbers; POPULATION DATA would include every person who ever climbed Mt. Everest. SAMPLE DATA could be just those who have climbed in the past 5 years.</p> <p>POPULATION PARAMETER a numerical measure that describes an aspect of the population.</p> <p>The proportion of males who have climbed Mt. Everest is a POPULATION PARAMETER.</p> <p>SAMPLE STATISTIC a numerical measure that describes an aspect of a sample</p> <p>The proportion of females in the last 5 years is a SAMPLE PARAMETER.What is statistics EXAMPLE # 1 :</p> <p>Television station QUE wants to know the proportion of TV owners in Virginia who watch the stations new program at least once a week. The station asks a group of 1,000 TV owners in Virginia if they watch the program at least once per week.What is statistics EXAMPLE # 1 :</p> <p>Television station QUE wants to know the proportion of TV owners in Virginia who watch the stations new program at least once a week. The station asks a group of 1,000 TV owners in Virginia if they watch the program at least once per week.</p> <p>a) Identify the individuals and the variable of the studyWhat is statistics EXAMPLE # 1 :</p> <p>Television station QUE wants to know the proportion of TV owners in Virginia who watch the stations new program at least once a week. The station asks a group of 1,000 TV owners in Virginia if they watch the program at least once per week.</p> <p>Identify the individuals and the variable of the study- The individuals are the 1,000 TV owners surveyedWhat is statistics EXAMPLE # 1 :</p> <p>Television station QUE wants to know the proportion of TV owners in Virginia who watch the stations new program at least once a week. The station asks a group of 1,000 TV owners in Virginia if they watch the program at least once per week.</p> <p>Identify the individuals and the variable of the studyThe individuals are the 1,000 TV owners surveyedThe variable is the response does, or does not watch at least once per weekWhat is statistics EXAMPLE # 1 :</p> <p>Television station QUE wants to know the proportion of TV owners in Virginia who watch the stations new program at least once a week. The station asks a group of 1,000 TV owners in Virginia if they watch the program at least once per week.</p> <p>Identify the individuals and the variable of the studyThe individuals are the 1,000 TV owners surveyedThe variable is the response does, or does not watch at least once per weekb) Do the data comprise a sample ? If it does, what is the underlying population ?What is statistics EXAMPLE # 1 :</p> <p>Television station QUE wants to know the proportion of TV owners in Virginia who watch the stations new program at least once a week. The station asks a group of 1,000 TV owners in Virginia if they watch the program at least once per week.</p> <p>Identify the individuals and the variable of the studyThe individuals are the 1,000 TV owners surveyedThe variable is the response does, or does not watch at least once per weekDo the data comprise a sample ? If it does, what is the underlying population ?- The data does comprise a sample.What is statistics EXAMPLE # 1 :</p> <p>Television station QUE wants to know the proportion of TV owners in Virginia who watch the stations new program at least once a week. The station asks a group of 1,000 TV owners in Virginia if they watch the program at least once per week.</p> <p>Identify the individuals and the variable of the studyThe individuals are the 1,000 TV owners surveyedThe variable is the response does, or does not watch at least once per weekDo the data comprise a sample ? If it does, what is the underlying population ?- The data does comprise a sample.- The underlying population is all TV owners in Virginia.What is statistics EXAMPLE # 1 :</p> <p>Television station QUE wants to know the proportion of TV owners in Virginia who watch the stations new program at least once a week. The station asks a group of 1,000 TV owners in Virginia if they watch the program at least once per week.</p> <p>Identify the individuals and the variable of the studyThe individuals are the 1,000 TV owners surveyedThe variable is the response does, or does not watch at least once per weekDo the data comprise a sample ? If it does, what is the underlying population ?- The data does comprise a sample.- The underlying population is all TV owners in Virginia.</p> <p>c) Is the variable qualitative or quantitative ?What is statistics EXAMPLE # 1 :</p> <p>Television station QUE wants to know the proportion of TV owners in Virginia who watch the stations new program at least once a week. The station asks a group of 1,000 TV owners in Virginia if they watch the program at least once per week.</p> <p>Identify the individuals and the variable of the studyThe individuals are the 1,000 TV owners surveyedThe variable is the response does, or does not watch at least once per weekDo the data comprise a sample ? If it does, what is the underlying population ?- The data does comprise a sample.- The underlying population is all TV owners in Virginia.</p> <p>Is the variable qualitative or quantitative ?- the variable is QUALITATIVE the categories are DOES or DOES NOT watch the showWhat is statistics EXAMPLE # 1 :</p> <p>Television station QUE wants to know the proportion of TV owners in Virginia who watch the stations new program at least once a week. The station asks a group of 1,000 TV owners in Virginia if they watch the program at least once per week.</p> <p>Identify the individuals and the variable of the studyThe individuals are the 1,000 TV owners surveyedThe variable is the response does, or does not watch at least once per weekDo the data comprise a sample ? If it does, what is the underlying population ?- The data does comprise a sample.- The underlying population is all TV owners in Virginia.</p> <p>Is the variable qualitative or quantitative ?- the variable is QUALITATIVE the categories are DOES or DOES NOT watch the show</p> <p>d) Identify a QUANTITATIVE variable.What is statistics EXAMPLE # 1 :</p> <p>Television station QUE wants to know the proportion of TV owners in Virginia who watch the stations new program at least once a week. The station asks a group of 1,000 TV owners in Virginia if they watch the program at least once per week.</p> <p>Identify the individuals and the variable of the studyThe individuals are the 1,000 TV owners surveyedThe variable is the response does, or does not watch at least once per weekDo the data comprise a sample ? If it does, what is the underlying population ?- The data does comprise a sample.- The underlying population is all TV owners in Virginia.</p> <p>Is the variable qualitative or quantitative ?- the variable is QUALITATIVE the categories are DOES or DOES NOT watch the show</p> <p>Identify a QUANTITATIVE variable.- examples of possible answers include age or income.What is statistics EXAMPLE # 1 :</p> <p>Television station QUE wants to know the proportion of TV owners in Virginia who watch the stations new program at least once a week. The station asks a group of 1,000 TV owners in Virginia if they watch the program at least once per week.</p> <p>Identify the individuals and the variable of the studyThe individuals are the 1,000 TV owners su...</p>