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42 Cards in this Set

  • Front
  • Back

1) object 2) variable 3) observations

2) characteristic that assumes different entities 3) different values of a variable measured

Raw data

Unprocessed data

Time series data

A sequence of measurement s collected on the same element for the same variable for different periods

Misus of statistics

Inappropriate method, unrepresentative subgroups to study,inappropiate summarizing.. ect

Cross sectional data

Measurements taken on a group of individuals at the same time

Longitudinal data

Measurements taken on a group of objects at regular intervals of time to provide information about changes

Secondary data

Second hand information . Information collected by someone else

Adv s of secondary data

Time saving


Accessibility


Saving of money


Feasibility of both longitudinal and international comparative studies


Generating new insights

Dis advs of secondary data

Inappropriateness of the data


Lack of control over data quality


Required data may not be available


Data may be out of date

Advs of primary data

Targeted issues are addressed


Data interpretation is better


Recency of data


Proprietary issues


Data is away safe from competitors

Disadvantages of primary data

High cost


Time consuming


Inaccurate feed backs(bias)


More number of resources required

What are the types of variables?


Quantitative(discrete and continuous)


Qualitative(nominal and ordinal)

Define quantitative

Are variables that yield measurable values or scores and frequencies.


# expressed numerically

Define qualitative

These are descriptive in nature

Discrete variable

Characteristic of an object that can take only countable values or exact fixed values .

Continuous variable

Variables that assume any value within an interval or take values that are not countable eg weight , age

Nominal scale

A variable whose possible values are categorized

Ordinal scale

Consists of rank order categories

Interval scale

Natural ordering eg temperature in °c

Ratio scale

Difference between meaningful successive values

Must remember

Frequency distribution is mostly used for quantitative data and less for qualitative data

Adv and dis of frequency distribution

Adv -quick visual picture


Dis- identity of observations is lost and are not sure of actual values

Define frequency


Number of times a certain value occures

How to construct class boundaries?

Obtained by taking the average of the upper class limit of one class and the lower class limit of the next higher class.

What is class width /size?

Using class boundaries

Define array

Arrangement of data in order of size

What is the class mark?

Also known as class mid point. This is done by adding the class limit s/boundaries and dividing by 2.

Define adjacent

Side by side

How to construct a frequency distribution / table ?

STEP 1: identify the largest and smallest number


STEP 2: calculate the range


STEP 3:k=1+3.322=number of classes


STEP 4: range /k= class size


STEP 5: decide where to start the first class *(must contain smallest observation)


Relative frequency

Frequency/total frequency

Less than cumulative frequency

The number of observations lower than the upper class boundary


* Usually starts with the first classes upper boundary

More than cumulative frequency

*usually starts with the first classes lower boundary

Histogram

Bar chart


Bar chart

Frequency polygon( graphical representation of data)

Always to remember about graphs

Frequency is always vertical and measurements are horizontal.

Pie chart

Stem and leaf

Arithmetic mean

Mean:ungrouped arithmetic and grouped

Harmonic , geometric, weighted mean and combined

Median grouped and ungrouped