Mba 102 Reviewer

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Statistics – collection, organization, a.

Discrete – integer values


presentation, analysis, and interpretation b. Continuous – any value at any
point along an interval
Statistical Analysis – investigating trends,
patterns and relationships Nominal – attributes are only named. ex. plate
number

Ordinal – attributes can be ordered. ex. ranking


Division of Statistics
military, likert scale – agree, strongly agree,
Descriptive Statistics – collecting, organizing, disagree, strongly disagree
summarizing, and presenting data
Interval – distance is meaningful. ex.
Inferential Statistics – generalizations, temperature, IQ
predictions, estimations, or approximations
Ratio – absolute zero. Meaning wala talagang
value

Data – pieces of factual information

Grouped data – organized into categories Example:

Ungrouped data – not organized in any way 1. Size of classroom – ratio


2. Places of residence – nominal
3. Thermostat setting in summer – interval
Population – entire group 4. The scent of flower – nominal
5. The order of birth in the family – ordinal
Sample – part or subset of a population
Types of Data
Parameter – descriptive measure from
population Primary – collected directly

Statistics – value of measurement Secondary – collected by someone else

Variable - characteristic or attribute Methods of Collecting Data

Constant – does not change Direct Method – conduct of interview

Indirect Method – conduct of survey


questionnaires
Independent Variable/Predictor – manipulated
by researchers  Structured or Unstructured

Dependent Variable – values that are predicted Observation Method – take note of behavior
by the independent variable Registration – private and government offices

Experiment – investigates if one variable would


Types of Variables have an effect to another variable

1. Qualitative – expressed non-numerically


2. Quantitative – numerical value
Sampling technique – process used to d. Box heads – data found in
determine which individual member of the columns of the table
population could be included in the sample e. Footnotes – clarify info that
may not be clearly shown
Probability sampling – equal chance for every
f. Source note – origin of the data
member to be selected
3. Graphical form – charts, graphs or
 Random sampling - equal chance of pictures
being selected as samples. Draw lots a. Bar graph – vertical or horizontal
method axis and displays data as
 Sampling frame – list of all rectangular bars
elements of the population b. Line graph – predicting future
 Systematic sampling – between any events over time
two consecutive numbers c. Pie chart – represent proportions
 Stratified sampling – initially grouped d. Pictographs – symbols or pictures to
into different classification represent the frequency or
 Cluster sampling – divides the percentage
population into separate groups then Measure of location – single value that
a simple random sample of clusters is summarizes set of data that describes its
selected from the population. location
 Multi-stage sampling – significant
clusters are split into sub-groups Measure of Central Tendency – measures the
middle of a given set of data
Non-probability sampling – does not calculate
the chance for each member to be selected Mean – average

 Convenience sampling – what is Median – middle value


convenient to the researcher
Mode – most frequent observation
 Quota – same proportion of subjects
 Purposive – researcher selects a sample Measures of Dispersion – degree of spread or
based on their knowledge dispersion
 Snowball sampling – look for other
Measures of variability
participants of the study when subjects
are hard to find.  Range
 Standard variance
 Variance
Methods of Data Presentation  Interquartile range

1. Textual form – paragraph and narrative


form
Inferential Statistics – conclusions and make
2. Tabular form – quantitative information
predictions ; making estimates about
a. Table heading – table number
populations, draw conclusions
and title
b. Body – main part of the table Sampling error – difference between population
c. Stubs – give account to the info values (parameters) and measured sample
found
values (statistic) ; arises any time you use a T-test – statistical test used to compare the
sample means of two groups

Point estimate – single value estimate of a Anova or post-hoc test – comparing more than
parameter two groups or multiple pairwise comparisons

Interval estimate – range of values Paired-samples t-test – difference between two


points in time
 Confidence interval – most common
type of interval estimate Independent-samples t-test – difference
o Confidence level tells the between two groups
probability of interval
One-sample t-test – difference between a group
Hypothesis testing – formal process of statistical and a standard value
analysis ; to compare population or to assess
Paired t-test – single population
relationships between variables
Two-sample t-test – two different populations
Hypothesis – proposition about some
characteristics One-sample t-test – one group being compared
against a standard value
Statistical hypothesis – inference concerning
one or more populations Two-tailed test – whether a difference exists
Parametric tests – more likely to detect an Left-tailed or right tailed one-tailed test – one
effect of one exists group’s mean is greater or less than the other

Types of Hypothesis Analysis of Variance (ANOVA) – technique in


inferential statistics whether or not more than 2
1. Null hypothesis – initial supposition
sample
about the parameter of a population ;
no difference
2. Alternative hypothesis – states specific
Correlation Analysis – measure the strength of
difference ; difference between two
the linear relationship between two variables
parameters
Coefficient of Correlation – describes the
strength of the relationship between 2 sets of
P-value or probability value – tells how likely variables
your data could have occurred ; can only tell
Simple Regression Analysis – technique used to
whether or not the null hypothesis is supported
develop an equation between two variables
 If p-value is greater than alpha = fail to
reject the null hypothesis. If it is less
than alpha = reject the null

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