STAT 1000- Final Exam Guide - Comprehensive Notes for the exam ( 34 pages long!)

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Document Summary

Please click the image below to watch an informative video to help you understand the impact of statistics in today"s world. How to proceed: read the unit content. Pay attention to highlighted terminology: re-check the learning objectives once done. Statistics is the study of the collection, presentation, analysis, and interpretation of data. Data may be collected in the form of numerous measurements or observations on a group of objects or people. These measurements are called variables because the value of each of these variables varies from person to person or from object to object. For example, we may collect height, weight, gender, and iq score for 10 students out of a class of 100 students. Data may also be collected on one subject over a period of time. For example, we may be interested in the dollar sales of a retail store each month over a ve year period.