100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
STA 261 Module 1 Part 1 Simulation and Intro to Statistics Questions and Complete Solutions Graded A+ $14.49   Add to cart

Exam (elaborations)

STA 261 Module 1 Part 1 Simulation and Intro to Statistics Questions and Complete Solutions Graded A+

 3 views  0 purchase
  • Course
  • Statistics STA
  • Institution
  • Statistics STA

STA 261 Module 1 Part 1 Simulation and Intro to Statistics Questions and Complete Solutions Graded A+

Preview 2 out of 5  pages

  • November 4, 2024
  • 5
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Statistics STA
  • Statistics STA
avatar-seller
YourExamplug
STA 261 Module 1 Part 1
Simulation and Intro to
Statistics Questions and
Complete Solutions
Graded A+
when performing an experiment is not practical, economically or ethically or time-wise - Answer: when
is a simulation used



significant - Answer: if an event is unlikely to occur, it is statistically ______



total set of all individuals of interest - Answer: population



a subset of total individuals selected from a population - Answer: sample



numerical characteristics of a population, a fixed quantity - Answer: parameter



numerical characteristics of a sample, a variable quantity - Answer: statistics



populations - Answer: parameters describe



samples - Answer: statistics describe



census, sampling (surveying), experimentation - Answer: three ways to obtain information

, obtaining info from entire population of interest (expensive & difficult) - Answer: census



choosing a representative sample from the population of interest - Answer: sampling (surveying)



researchers impose treatments & controls on subjects (experimental units) from the population of
interest (not random, but randomly assigned to groups or treatments) - Answer: experimentation



sample because a census is expensive & hard to accomplish (sample is easier because not contacting
everyone) - Answer: is a sample or a census more practical?



-reducing data to simple summaries without losing or distorting data

-can be used with sample or population data - Answer: main purpose of descriptive stats



-methods for drawing & measuring the reliability of conclusions about a population

-can only be used with sample data since it makes predictions about a population

(example: polls to predict who will be elected president) - Answer: inferential statistics



examine and explore data for data's sake (example: baseball stats)

-can be used on a BOTH a population or a sample - Answer: descriptive study



-Mean, median, standard deviation, etc...

- Graphical displays - Answer: descriptive stats include



-confidence intervals

-hypothesis tests - Answer: inferential stats include



-also called probability sampling

-method that employs a random device to determine which members of the population will be selected

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller YourExamplug. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $14.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

72042 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$14.49
  • (0)
  Add to cart