Shared Flashcard Set

Details

Title

Statistics

Description

Chapter 1 Definitions

Total Cards

Subject

Business

Level

Undergraduate 1

Created

09/09/2009

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Additional Business Flashcards

Term

Data

Definition

the facts and figures collected, analyzed, and sumarized for presentation and interpretation.

Term

Elements

Definition

the entities on which data are collected

Term

Variable

Definition

a characteristic of interest for the elements

Term

Observation

Definition

the set of measurments obtained for a particular element

Term

Nominal Scale

Definition

when the scale of measurement data for a variable consist of labels or names used to identify an attribute of the element, the scale