BSE: Goal is to understand a population based on:
Goal is to understand a population based on a sample
BSE: Descriptive statistics have 3 branches including
BSE: What is the difference between a population and sample?
BSE: Mean and Standard Deviation are obtained from a sample but are used to:
Mean and Standard Deviation are obtained from a sample but are used to estimate the mean and SD of the population
BSE: What does Measuring the ‘Fit’ of the model mean?
BSE: If have a large standard deviation, describe what will happen to the distribution
BSE: If have a small standard deviation describe what happens to the distribution
BSE: The normal distribution ideally has a _______________ mean, median, mode
The normal distribution ideally has the same mean, median, mode
BSE: What is a Gaussian distribution?
BSE: What percentage of a sample lies within 1 standard deviation from the mean/median/mode?
68.3% should lie -1 SD and + 1 SD from the mean/median/mode
BSE: What percentage of the sample lies between the 2 SD from mean/median/mode?
95% for -2 SD & + 2 SD
BSE: What percentage of the sample lies between the 3 SD from mean/median/mode? F
~ 99% for - 3 SD & + 3 SD
BSE: T/F can have more than 1 mode for a sample
True, can have a singular mode, bimodal, mulitmodal
BSE: T/F: Normal distribution has a skew
BSE: What is skew? What is + or negative skew?
BSE: What is highest in a positive skew? Why?
Mean > median > mode
B/c the outliers are pulling/increasing the value of the mean
BSE: What is normally highest in a negative skew?
Mode > Median > Mean
BSE: What is Kurtosis?
A distribution with an abnormal distribution
BSE: What does bimodal distribution suggest?
BSE: Level of Measurement-Give examples of Ratio
BSE: Levels of Measurement-give examples of nominal
BSE: What is the best central tendency measure for nominal data?
Mode
BSE: What is the best central tendency measure for skewed or ordinal data?
Median
BSE: What is ordinal data?