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STATISTICS Flashcards | StudBud

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STATISTICS

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Questions 10

Answers

1
What is descriptive statistics?
Numbers that summarize data in an efficient manner.
Mode
The average of the distribution of scores for a variable.
The score that occurs most frequently in a distribution.
2
What is Laissez-Faire Economics?
Society will be better without government in free market.
Trade and industry controlled by private owners for profit.
Each person is paid according to their abilities and needs.
Class struggle and dictatorship until a classless society
3
What is statistics about?
all of the above
interpreting data
organizing data
analyzing graphs
4
Which of the following is NOT a limitation of Statistics?
Accuracy
Rumor
Rounding
Estimates
5
What can you do with Statistics
buy a coffee
show to friends
get a job with it
Collect data and organised it
6
What part of the statistics is responsible for examine trends or distributions?
Inferential
Probability
None of above
Descriptive
7
What is Statistics?
The Relationship of lengths and angles of triangles
A system involving two variables of an equation
A function involving a parabola
The study of data
8
Economics is the study of
how individuals make choices
how buyers and sellers interact in markets
all of the above
the allocation of resources
9
The study of vital statistics of a population and how they change over time is called.......?
Density
Dispersion
Distribution
Demography
10
Characteristics of Questionnaire
none of the above
uniformity, exploratory,question sequence
simple,complex and easy to understand
statistics information