BQA Final Exam with 100% complete answers

descriptive statistics correct answersA procedure that uses numerical and graphical techniques to summarize data and to reveal patterns of information in a presentable and understandable form inferential statistics correct answersa technique by which estimations, conclusions, predictions, or other generalizations are drawn about the characteristics of a larger set of data (population) on the basis of partial information (sample) population correct answersall measurements of interest; includes the entire set of units that we are interested in studying sample correct answersa partial collection of observations taken from a given population or is a subset of all the units of a population variable correct answersa characteristic or an attribute of an individual population unit that shows variability or variation over time quantitative variable correct answersvalues can be recorded or measured on a continuous scale or in an interval (ex: height, weight, etc.) qualitative variable correct answersvalues can only be assigned to one of the several mutually exclusive categories and cannot be measured on a continuous scale (ex: eye color, hair color, etc.) measurement correct answersa process in which we assign numbers to observations according to a set of rules levels of measurement correct answersa classification of measurement scales according to the amount of information about observations recorded