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ISDS FINAL
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107
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Undergraduate 2
05/07/2011

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Term
Statistics
Definition
branch of mathematics taking and transforming numbers into useful information for decision makers

Methods for processing and analyzing numbers

Method for helping reduce the uncertainty inherent in decision making
Term
Types of Statistics
Definition
Descriptive and Inferential
Term
Descriptive Statistics
Definition
Collecting, summarizing, and describing data
Term
Inferential Statistics
Definition
Drawing conclusions and/or making decisions concerning a population based only on sample data
Term
variable
Definition
a characteristic of an item or individual
Term
data
Definition
different values associated with a variable
Term
operational definitions
Definition
universally accepted meanings that are clear to all associated with an analysis
Term
Parameter
Definition
numerical measure that describes a characteristic of a population
Term
Statistic
Definition
Numerical measure that describes a characteristic of a sample
Term
Primary Source of Data
Definition
data collector is the one using the data for analysis
*political survey
*experiment
*observed data
Term
Secondary Source of Data
Definition
person analyzing the data, not collecting
*analyzing census
*data on internet
Term
Categories of Data Sources
Definition
*data distributed by an organization or individual
*designed experiment
*survey
*observational study
Term
Categorical(qualitative) Variable
Definition
variables that have values that can only be placed into categories ("yes/no")
Term
Numerical(quantitative) Variable
Definition
variables that represent quantities
Term
Discrete variable
Definition
finite or countable variable. example # of number children. 0,1,2... (counted items)
Term
Continuous Variable
Definition
values from a range or interval. example weight,age, or voltage (measured characteristics)
Term
Summary Table
Definition
Indicates frequency, amount, or percentage of items in a set of categories so that you can see the difference
Term
Bar and Pie Charts
Definition
length of bar or size of pie slice shows frequency or percentage for each category
Term
Bar Graph
Definition
bar shows each category, length represents the amount, frequency, or percentage of values falling into a category
Term
Pie Chart
Definition
Circle broken up into slices that represent categories. size of each slice varies according to percentages, higher percentage equals bigger slicer
Term
Stem and Leaf Chart
Definition
simple way to see concentrations in data
*leading digits (stems)
*trailing digits (leaves)
organizes data into groups(steams) so that values within each group(leaves) branch out to the right
Term
Frequency Distribution
Definition
summary table in which the data are arranged into numerically ordered classes
Term
categorical variables
Definition
values that can be placed into categories ("yes and no")
Term
cell
Definition
tabular arrangement, intersections of rows and columns in Excel
Term
continuous variable
Definition
produce numerical responses that arise from a measuring process
Term
data
Definition
different values associated with a variable
Term
data collection
Definition
collecting the date for variables
Term
descriptive statistics
Definition
collecting, summarizing, presenting, and analyzing a set of data
Term
discrete variables
Definition
numerical values that arise from a counting process
Term
inferential statistics
Definition
uses data collected from smaller group to draw conclusions about a larger group
Term
numerical values
Definition
values that represent quantities
Term
operational definition
Definition
universally accepted meanings that are clear to all associated with an analysis
Term
parameter
Definition
numerical measure that describes a characteristic of a population
Term
population
Definition
all items or individuals about which you want to draw a conclusion
Term
primary source
Definition
when data collector is analyzing the data
Term
projects
Definition
file for programming information in Minitab
Term
qualitative variables
Definition
categorical variables
Term
quantitative variables
Definition
continuous variables
Term
sample
Definition
portion of population selected for analysis
Term
secondary source
Definition
variables that aren't studied by data collector
Term
statistic
Definition
numerical measure that describes a characteristic of a sample
Term
statistical package
Definition
program designed to analyze data as accurate as possible
Term
statistics
Definition
branch of mathematics that transforms numbers into useful information for decision makers
Term
variable
Definition
characteristic of an item or individual
Term
workbooks
Definition
worksheets in Excel
Term
worksheets
Definition
spread sheets that store data
Term
Population is
Definition
all items, sample is out of population
Term
statistic =
parameter =
Definition
sample
population
Term
descriptive is
Definition
collection of data and inferential is making predictions
Term
chartjunk
Definition
unnecessary adorments that convery no useful information
Term
class grouping
Definition
grouping data variables into certain intervals
Term
class midpoint
Definition
halfway between lower and higher boundary of class
Term
classes
Definition
numerically ordered, data is arranged
Term
cross tabulations
Definition
categories of one variable written in rows and other variable written in columns
Term
ordered array
Definition
data sequence, lowest to highest
Term
proportion
Definition
number of frequences divided by total number of values
Term
range
Definition
highest value-lowest value
Term
width of a class interval
Definition
range / number of classes
Term
arithmetic mean
Definition
most common measure of central tendency. average
Term
boxplot
Definition
provides graphical representation based on s-number summary
Term
central tendency
Definition
extent to which all the data values group around a typical or central value
Term
chebyshev rule
Definition
states that for any data set, percentage of values with distances of k standard deviations from mean must be: (1-1/k^2)x100%
Term
coefficient of correlation
Definition
measures the relative strength of a linear relationship between two numerical values
Term
coefficient of variation
Definition
relative measure of variation that is always expressed as a precentage
Term
covariance
Definition
measures the strength of the linear relationship between two numerical values
Term
extreme value
Definition
valve located away from the mean
Term
dispersion
Definition
spread of data set
Term
empirical rule
Definition
68% with 1 standard deviation
95% within 2
99.7% within 3
Term
five number summary
Definition
Xsmallest,Qone,Qtwo,Qthree,Xlargest
Term
interquartile range
Definition
difference between third and first quartiles
Term
left skewed
Definition
mean < median
Term
mean
Definition
average
Term
median
Definition
middle number in sequence
Term
mid spread
Definition
interquartile range
Term
mode
Definition
value that appears most often in data set
Term
outlier
Definition
extreme value
Term
population standard deviation
Definition
measure of variation in a population
Term
Qone: first quartile
Definition
median, divides the smallest 25% from the larger 75%
Term
Qtwo
Definition
median, 50%
Term
Qthree
Definition
smallest 75% from the larger 25%
Term
quartiles
Definition
split a set of data into 4 equal parts
Term
range
Definition
largest value minus smallest value
Term
resistant measure
Definition
summary measures resistant to outliers
Term
right skewed
Definition
mean > median
Term
shape
Definition
pattern of the distribution of values from lowest value to the highest value
Term
skewed
Definition
values are not symmetrical around mean
Term
spread
Definition
dispersion
Term
standard deviation
Definition
average scatter around mean
Term
symmetrical
Definition
values distributed evenly above and below the mean
Term
variance
Definition
standard deviation
Term
variation
Definition
amount of dispersion away from central value
Term
Z score
Definition

The standard score is

[image]
where:
x is a raw score to be standardized;
μ is the mean of the population;
σ is the standard deviation of the population.
Term
Sample Variance
Definition
[image]

where [image] the sample mean and [image] is the sample size.

Term
Sample Standard Deviation
Definition
[image]

where [image] are the observed values of the sample items and [image] is the mean value of these observations. This correction (the use of N − 1 instead of N) is known as Bessel's correction. The reason for this correction is that s2 is an unbiased estimator for the variance σ2 of the underlying population, if that variance exists and the sample values are drawn independently with replacement. However, s is not an unbiased estimator for the standard deviation σ; it tends to underestimate the population standard deviation.

The term standard deviation of the sample is used for the uncorrected estimator (using N) while the term sample standard deviation is used for the corrected estimator (using N − 1). The denominator N − 1 is the number of degrees of freedom in the vector of residuals, [image].

Term
Sample Mean
Definition

sum of values diveded by number of values

[image].

Term
Sample Covariance
Definition
[image][image][image][image]
Term
Histogram
Definition

bar chart without spaces, labeled by midpoints

[image]

Term
Bar Chart
Definition

bar shows each category

[image]

Term
Contingency Table
Definition

[image]

presents results of two categorical variables as cross tabulations

 

Term
Cumulative Percentage Distribution
Definition
provides a way of presenting information about the percentage of items that are less than a certain value[image]
Term
Ogive
Definition

variable of interest along x-axis and cumulative percentages along y-axis

[image]

Term
Frequency Distribution
Definition

[image]

summary table arranged into classes

 

Term
Relative Frequency Distribution
Definition

number of frequencies divided by total number of values

 

Term
Scatter Plot
Definition

use to examine possible relationships between two numerical values

[image]

Term
Stem and Leaf Display
Definition
values within each group branch out to right[image]
Term
Summary Table
Definition

[image]

indicates frequency, amount, or percentage

 

Term
Time Series Plot
Definition

shows variables along a period of time

[image]

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