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Lohr-StatProb-Unit1
term review for unit 1
| Term | Definition |
|---|---|
| Statistics | the practice or science of collecting and analyzing numerical data in large quantities, especially for the purpose of inferring proportions in a whole from those in a representative sample. |
| Probability | the extent to which an event is likely to occur, numeric answer can be written as a fraction (with a colon, or the word “to”), decimal, or percent. |
| Population | the complete group with at least one characteristic in common. |
| Sample | the extent to which an event is likely to occur, measured by the ratio of the favorable cases to the whole number of cases possible. |
| Sample Space | list of all possible outcomes of an experiment. |
| Variables | In statistics, it is simply a characteristic that is being studied. |
| Demographic | a specific group of consumers chosen by age, sex, religion, home country, place of residence, music preference, or any other specified characteristic. |
| Target audience | particular demographic that is intended to be the main group of consumers of a particular product or service. |
| Fair Die | a die with an equal chance of landing on any side. |
| Counter Intuitive | it is a result that you might not have initially guessed. |
| Combination | distinct arrangements of a specified number of objects without regard to order of selection from a specified set. |
| Consumer | anyone who purchases or uses a particular product or service. |
| Data | information that has been collected to represent real life situations, usually in number form. |
| Fundamental Counting Principle | states that if an event can be chosen in p different ways and another independent event can be chosen in q different ways, the number of different arrangements of the events is p x q. |
| Permutation | an arrangement of objects where order is important. |
| Random | when everyone or everything in a population has an equal chance of being selected. |
| sample point | one of the possible outcomes in a sample. |
| unfair die | a die that would be more likely to land on a particular number than the others. |
| Value | The number of objects from which you are making a choice. |
| Outcome | One of the possible end results of an experiment. |
Created by:
MrsJLohr
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