In statistics‚ a sample is a subset of a population. Typically‚ the population is very large‚ making a census or a complete enumeration of all the values in the population impractical or impossible. The sample represents a subset of manageable size. Samples are collected and statistics are calculated from the samples so that one can make inferences or extrapolations from the sample to the population. This process of collecting information from a sample is referred to as sampling. A complete sample
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• Defining What Statistics Really Is 1.1 Nature of Statistics The term “Statistics” came from the Latin word ‘status’ which could be translated as ‘state’. The usage of this term only became popular during the 18 th century where they defined Statistics as “the science of dealing with data about the condition of a state or community”. The practice of statistics could be traced back even from the early biblical times where they gather figures related to governance of the state for they realized
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Assignment Q1Find the parameters of binomial distribution when mean=4 and variance=3. Q2. The output of a production process is 10% defective. What is the probability of selecting exactly two defectives in a sample of 5? Q3. It is observed that 80% of television viewers watch “Boogie-Woogie” Programme. What is the probability that at least 80% of the viewers in a random sample of five watch this Programme? Q4. The normal rate of infection of a certain disease in animals is known to
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respondent is selected at random‚ what is the probability that he or she a. prefers to order at the drive-through? b. is a male and prefers to order at the drive-through? c. is a male or prefers to order at the drive-through? d. Explain the difference in the results in (b) and (c). e. Given that a respondent is a male‚ what is the probability that he prefers to order at the drive-through? f. Given that a respondent is a female‚ what is the probability that she prefers to order at the drive-through
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Syllabus for Statistics Course No. 21090024 Period:54 Credit:3 Course Nature:Compulsive Assessment: Usually 10%‚ Group Work 20%‚ Final Exam70% Textbook: Statistics(3rd Edition), Junping Jia,Xiaoqun He,Yongjin Jin,China Renmin University Press,2007 Reference: Statistics for Business and Economics(7th Edition) Anderson‚ D.R.‚ & Sweeney‚ D.J. & Williams‚ T.A. 1.Introduction Statistics is a core curriculum for students in finance and economics major‚ which is a science method that starts with data
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Normal Distribution Normal distribution is a statistics‚ which have been widely applied of all mathematical concepts‚ among large number of statisticians. Abraham de Moivre‚ an 18th century statistician and consultant to gamblers‚ noticed that as the number of events (N) increased‚ the distribution approached‚ forming a very smooth curve. He insisted that a new discovery of a mathematical expression for this curve could lead to an easier way to find solutions to
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Define Statistics Statistics is the practice of gathering‚ sorting‚ and categorizing numerical information in an organized format that can be used to acquire results to specific problems. According to McClave‚ Benson‚ and Sincich (2011)‚ “Statistics is the science of data. It involves collecting‚ classifying‚ summarizing‚ organizing‚ analyzing‚ and interpreting numerical information” (p. 3). Different Types and Levels of Statistics There are two types of statistics. One is descriptive which defines
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Definition: Statistics is the study of the collection‚ organization‚ analysis‚ interpretation and presentation of data. It deals with all aspects of this‚ including the planning of data collection in terms of the design of surveys and experiments. A statistician is someone who is particularly well-versed in the ways of thinking necessary for the successful application of statistical analysis. Such people have often gained experience through working in any of a wide number of fields. Some
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Week Four Discussion 2 1. In your own words‚ describe two main differences between classical and empirical probabilities. The differences between classical and empirical probabilities are that classical assumes that all outcomes are likely to occur‚ while empirical involves actually physically observing and collecting the information. 2. Gather coins you find around your home or in your pocket or purse. You will need an even number of coins (any denomination) between 16 and 30. You do not
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Department of Management Faculty of Management and Human Resource Development SUBJECT: SHD 1713: STATISTIC 1 LECTURER: DR‚ LOW HOCK HENG PREPARED BY: NOOR AZNEE BINTI JUNAIDI ZULFADLY BIN SAIFUL MOHD RASYDUDDIN BIN MAT NAWI MOHD HAZRUL AZEWAN MOHD ASRI BIN MOHD ARIFIN MOHD FAKERRYIKMAL BIN KAMALUDIN 820423-12-5184 870314-56-5549 830503-03-5829 810406-01-5451 750203-08-5159 890417-59-5265 SX110698HDS04 SX110718HDS04 SX110686HDS04 SX105341HDD04 SX112315HDF04 SX112317HDF04 1. A researcher
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