Statistics - Informed Decisions Using Data
SCF Spring 2012, Statistics 2023
296044014 | Statistics | Is the science of collecting, organizing, summarizing and analyzing information to draw conclusions or answer questions. In addition, statistics is about providing a measure of confidence in any conclusion. | |
296044015 | Data | A fact or proposition used to draw a conclusion or make a decision. Data can be numerical (height) or non-numerical (gender). | |
296044016 | Population | An entire group of individuals to be studied. | |
296044017 | Individual | Is a person or object that is a member of the population being studied. | |
296044018 | Sample | Is a subset of the population that is being studied. | |
296044019 | Statistic | Is a numerical summary of a sample. | |
296044020 | Descriptive Statistics | Consist of organizing and summarizing data. Descriptive statistics describe data through numerical summaries, tables and graphs. | |
296044021 | Inferential Statistics | Uses methods that take a result from a sample, extend it to the population, and measure the reliability of the result. | |
296044022 | Parameter | Is a numerical summary of a population. |