Chapter 1

# Chapter 1 - Chapter 1 KVAN LI PAVUR KEELI Click to edit...

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Click to edit Master subtitle style 3/10/11 Chapter 1 A First Look at Statistics KVAN LI PAVUR KEELI NG

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3/10/11 Chapter Objectives At the completion of this chapter, you should be able to answer: ∙ What is “statistics” and why is the study of statistics important to a business manager? ∙ What is a “parameter” and what makes it
3/10/11 Chapter Objectives - Continued ∙ What is a population? A sample? A census? ∙ What are the types of data? (discrete/continuous) ∙ What are the strengths of data? (nominal, ordinal, interval, ratio) ∙ What distinguishes qualitative

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3/10/11 Section 1.2 Using the Computer The textbook discusses three software packages: Microsoft Excel, MINITAB, and SPSS We will only be using Excel; in particular, we will use a set of Excel macros that we have written to carry out the calculations and construct various statistical graphs/charts
3/10/11 Population vs Sample Population (size is N) Sample (size is n) Usually selected randomly ( called a simple random sample) Random samples provide a better representation of the population. This is what we

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## This note was uploaded on 03/09/2011 for the course DSCI 2710 taught by Professor Hossain during the Fall '08 term at North Texas.

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Chapter 1 - Chapter 1 KVAN LI PAVUR KEELI Click to edit...

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