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Statistical Analysis With Software Application BSA - 46922 Definition of Terms
Statistical Analysis With Software Application BSA - 46922 Definition of Terms
Statistical Analysis With Software Application BSA - 46922 Definition of Terms
BSA -46922
DEFINITION OF TERMS
2. Inferential Statistics – allows you to make predictions from that data. With
inferential statistics, you take data from samples and make generalizations about
a population. It is trying to reach conclusions that extend beyond the immediate
data alone
3. Mean – also known as the average, is the sum of a collection of numbers divided
by the count of numbers in the collection.
4. Median – is the middle value of a set of data containing an odd number of values,
or the average of the two middle values of a set of data with an even number of
values. The median is especially helpful when separating data into two equal
sized bins.
5. Mode – is the value that occurs most often. If no number in the list is repeated,
then there is no mode for the list.
7. Nominal Data – is a type of data that is used to label variables without providing
any quantitative value. It is the simplest form of a scale of measure. It cannot be
ordered and cannot be measured.
8. Ordinal Data – are the type of data in which the values follow a natural order.
One of the most notable features of ordinal data is that the differences between
the data values cannot be determined or are meaningless.
STATISTICAL ANALYSIS WITH SOFTWARE APPLICATION
BSA -46922
10. Ratio Data – is defined as quantitative data, having the same properties as
interval data, with an equal and definitive ratio between each data and absolute
“zero” being treated as a point of origin.
11. Sample – is a set of individuals or objects collected or selected from a statistical
population by a defined procedure.
12. Population – is the pool of individuals from which a statistical sample is drawn for
a study. Thus, any selection of individuals grouped together by a common feature
can be said to be a population.
17. Null Hypothesis – is a type of hypothesis used in statistics that proposes that
there is no difference between certain characteristics of a population (or data-
generating process).
19. Constant – A quantity which can assume only one value is called a constant. A
constant does not change its value and it remains the same forever. Constants
are usually represented by numbers.