Exam (elaborations)
STAT 151 Module 1 With Complete Solutions Latest Update
- Course
- STAT 151
- Institution
- University Of Alberta (UofA)
STAT 151 Module 1 With Complete Solutions Latest Update
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Solution 2024/2025Pepper
STAT 151: Module 1 With Complete Solutions
Latest Update
1.1 Statistics ANS✔✔ A way of reasoning, along with a collection of tools and
methods, that helps us understand the world with the use of data.
Statistics (plural) - particular calculations made from data.
1.1 Data ANS✔✔ Data are values with a context.
They can be numbers, record names, or other labels.
1.1 The process of making a data driven decision: ANS✔✔ 1. State the
question
2. Decide what statistical method to use to collect the data
3. Collect the data
4. Summarize data. Find the statistics
5. Use appropriate statistical tools, to find the answer to the question. Use
formal data analysis and make statistical inference
1.2 Population Parameter ANS✔✔ a numerical summary that describes a
characteristic of a population
1.2 Sample Statistic ANS✔✔ a numerical summary that describes the
characteristic of a sample
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