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Textbook Notes for Abdelfattah

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JMUCOB 191AbdelfattahSpring

COB 191 Chapter Notes - Chapter 3: Variance, Bias Of An Estimator, Central Tendency

OC5476513 Page
13
Central tendency: single value used to describe center pt of data set. Mean: most common measure of central tendency; disadv: sensiive to outliers. Wei
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JMUCOB 191AbdelfattahSpring

COB 191 Chapter Notes - Chapter 1: Business Statistics, Focus Group, Time Series

OC5476512 Page
22
Statistics: mathematical science that deals with collection, analysis, and presentation of data that can be used as a basis for inference and induction
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JMUCOB 191AbdelfattahSpring

COB 191 Chapter Notes - Chapter 4: Mutual Exclusivity, Contingency Table, Empirical Probability

OC5476512 Page
7
Probability: chance, likelihood of speciic event occurring 0-1. Experiment: measuring and observing an acivity for purpose of collecing data. Sample sp
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JMUCOB 191AbdelfattahSpring

COB 191 Chapter Notes - Chapter 2: Frequency Distribution, Categorical Variable, Bar Chart

OC5476511 Page
12
Frequency distribution: shows number of data observations that fall into speciic intervals: class: each row in frequency distribution, goal of freq. di
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