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statistics definitions
statistics definitons final
22
Mathematics
Undergraduate 1
10/03/2011

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Term
Statistics
Definition
The science of gathering and summarizing data.
Term
- Population
Definition
The complete collection of items under study.
Term
Parameter
Definition
A number that describes a population characteristic.
Term
Sample
Definition
A subset of the population.
Term
Statistic
Definition
A number that describes a sample characteristic.
Term
Descriptive statistics
Definition
Procedures for collecting, classifying, summarizing and presenting data.
Term
Mean
Definition
The average value of a set of numbers.
Term
Mode
Definition
The value that occurs most frequently.
Term
Median
Definition
The middle value of a set of numbers.
Term
Standard Deviation
Definition
A measure of variation of values around the mean.
Term
Histogram
Definition
A bar chart that can portray the data found in a frequency distribution.
Term
Probability
Definition
Where the outcome can't be predicted with certainty.
Term
Simple Event
Definition
Individual outcome from the sample space.
Term
Conditional Probability
Definition
Probability that one event will occur given that another has happened.
Term
Mutually Exclusive
Definition
The occurrence of one event prevents the occurrence of the other.
Term
Combinations
Definition
Selection of r items from a set of n distinct objects without regard to the order.
Term
Permutations
Definition
Selection of r items from a set of n distinct objects when order counts.
Term
Statistical Inference
Definition
The process of arriving at a conclusion about a population from a sample.
Term
Point Estimate
Definition
A single number used to estimate a parameter.
Term
Interval Estimate
Definition
Spread of values used to estimate a parameter.
Term
Confidence coefficient
Definition
The probability of correctly including the parameter in the interval that is produced.
Term
Linear Regression
Definition
Shows relationship that exists between two or more variables.
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