Slides%20Ch%201 - Business Statistics Chapter 1 Terms Data...

Info icon This preview shows pages 1–7. Sign up to view the full content.

View Full Document Right Arrow Icon
Business Statistics Chapter 1
Image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Terms Data are facts and figures from which conclusions can be drawn Data Set. The data that are collected for a particular study are referred to as a data set. Elements. The data set provides information about a group of individual elements. Variables are the characteristics of the data
Image of page 2
Home Sales in Kennesaw Home Subdivision List Price Construction Quality Walk Score 1 Lullwater $194,000 8 Superior 32 2 Palisades $447,000 9 Excellent 45 3 Olmstead $187,000 7 Very Good 12 4 Highcroft $155,000 6 Good 23 5 Palisades $452,000 9 Excellent 45 Data Set ? Elements ? Variables ?
Image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Home Sales in Kennesaw Home Subdivision List Price Construction Quality Walk Score 1 Lullwater $194,000 8 Superior 32 2 Palisades $447,000 9 Excellent 45 3 Olmstead $187,000 7 Very Good 12 4 Highcroft $155,000 6 Good 23 5 Palisades $452,000 9 Excellent 45 Data Set: 1 the whole table Elements: 5 homes 1 - 5 Variables: 4 Subdivision, List Price, Construction Quality and Walk Score
Image of page 4
Home Sales in Kennesaw Home Subdivision List Price Construction Quality Walk Score 1 Lullwater $194,000 8 Superior 32 2 Palisades $447,000 9 Excellent 45 3 Olmstead $187,000 7 Very Good 12 4 Highcroft $155,000 6 Good 23 5 Palisades $452,000 9 Excellent 45 Variables: Scale of Measurement Subdivision Quantitative or Qualitative? List Price Quantitative or Qualitative? Construction Quality Quantitative or Qualitative? Walk Score Quantitative or Qualitative?
Image of page 5

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Home Sales in Kennesaw Home Subdivision List Price Construction Quality Walk Score 1 Lullwater $194,000 8 Superior 32 2 Palisades $447,000 9 Excellent 45 3 Olmstead $187,000 7 Very Good 12 4 Highcroft
Image of page 6
Image of page 7
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern