Free

# Statistics1 - Statistics Project Example

Comments (0) Cite this document
Summary
Examples of such measures are measures of central tendency such as mean, median, mode and measured of dispersion such as standard deviation and range. Inferential statistics are…
Read TextPreview

## Extract of sample "Statistics1"

Descriptive and inferential statistics Descriptive statistics are the set of statistical measures that can be used to summarize the data. Examples ofsuch measures are measures of central tendency such as mean, median, mode and measured of dispersion such as standard deviation and range. Inferential statistics are the set of statistical techniques that can be used to derive certain aspects of population based on findings from sample.
Difference between sample, population, statistic and parameter
In simplest of terms, sample is a subset of population which is the whole set for which we want to make inferences about. Generally the sample is used to make statistical conclusion for the population. The calculated measure for sample is called as statistic whereas the same measure for the population is known as parameter.
Sampling error
Sampling error is the error that occurs when the sample is not a representative of the population. This arises out of incorrect sampling method being used to describe the population. The error means that the statistic for the sample will be different from the parameter for the population
Basic characteristics of experiment
An experiment is a scientific research method in which the researcher controls one or more variables and measures the changes in other variables. Experimental research is generally used when there is high degree of correlation between the variables.
Study type
Dr. Jones has conducted an experimental study. Dr. Jones has controlled the variable quality of breakfast by dividing the sample into two groups and administering different quality of breakfast to each. Academic performance is the dependent variable which is studied for both the groups.
Scales of measurement
Nominal v/s Ordinal: While nominal scale is the representation of a descriptive category of the variable, the ordinal scale is the representation of the also contains the magnitude of the order of the value on the scale. For example, while gender that can only have male or female as the value is a nominal scale, the position of a horse in a race is the example of the ordinal scale
Ordinal v/s Interval: Apart from the ranking in an ordinal scale, the interval scale also the magnitude of the difference between two values in the series. For example temperature on days is an interval variable because we can also measure the magnitude of the difference between the temperatures on two days.
Interval v/s ratio: Apart from the measurement of magnitude, the ratio scale also contains the absolute zero value for a variable below which no value can exist. Example of such a variable will be weight.
Summation notation
Square each score, and then add the squared values
Add the scores, and then square the sum
Add two points to each score, and then add the resulting values
Add the scores, and then subtract 6 points from the total.
Summation expressions
1.) Square each score, and then add the squared values
2.) Add the scores, and then square the sum
3.) Subtract one point from each score, and then add the resulting values
4.) Add all the scores Read More
Cite this document
• APA
• MLA
• CHICAGO
(“Statistics1 Statistics Project Example | Topics and Well Written Essays - 500 words”, n.d.)
Statistics1 Statistics Project Example | Topics and Well Written Essays - 500 words. Retrieved from https://studentshare.org/statistics/1580500-statistics1
(Statistics1 Statistics Project Example | Topics and Well Written Essays - 500 Words)
Statistics1 Statistics Project Example | Topics and Well Written Essays - 500 Words. https://studentshare.org/statistics/1580500-statistics1.
“Statistics1 Statistics Project Example | Topics and Well Written Essays - 500 Words”, n.d. https://studentshare.org/statistics/1580500-statistics1.
Comments (0)
Click to create a comment or rate a document

## CHECK THESE SAMPLES OF Statistics1

### Capital Asset Pricing Model

...﻿Capital Asset Pricing Model Purpose of the Paper: The purpose of the paper is to understand and workout the cost of equity of a given company. The cost of equity of a company is associated with risk associated in investing in that company. Higher the risk associated in equity investment, higher will be the cost of equity for shareholders. Capital asset pricing model can be employed to work out the cost of equity. The minimum rate of return that shareholders would ask for is also known as the cost of equity. Answer 1. The company under consideration is Nvidia. The systematic risk coefficient is available from the site yahoo.com, which shows beta of the company, Nvidia as 1.54 (Key Statistics1) The current Yield to...
5 Pages(1250 words)Research Paper

### Global Media Cultures: How do the media contribute to maintaining a sense of national identity or 2. How do new media technolog

9 Pages(2250 words)Essay

### Feasibility of the Iphone

.... Statistics1 here reveal that 77% users do not use data services like picture and video messaging. Customer reviews for the iPhone have been both positive and negative. Competition: European markets are dominated by Nokia, Motorola, Samsung and Sony. Apple and its Iphone As per Steve Jobs, iPhone has scope to become the third main business for Apple after its iPod and Mac computer. The organization states that by the end of 2008, Apple hopes to sell ten million phones, and grab one percent share of the mobile phone market (Jobs, 2007). The iPhone combines in it a mobile phone and an iPod. With a wide screen and virtual keyboard, it has a new user interface. The instrument thus allows users to enjoy multimedia...
4 Pages(1000 words)Case Study

### Pre-colombian america

...Swarna1 Word count: 1008 P.Swarnalatha ID 5448 Order d 18th December 2007 Pre-colombian america Discuss the fall of the Aztec and Incan Empires.What factors influenced their decline? In comparing these two historical episodes do you see similarities or differences? Why? The Aztec and Incan empires come under Pre-Columbian empires of America and the study of the same is of prominent importance due to their unique political and social cultures. The Aztecs were Mesoamerican people mainly concentrated in central Mexico during the 14th, 15th and 16th centuries (Inga Clendinnen, 1995). They declared themselves as Mexicas or Classical Nahuatl and they organized an an extensive empire in the late Post classic period of American history... Word count: 1008...
3 Pages(750 words)Essay

### Discussion Question

...AT&T, the telecom services company, provides wireless services, including local wireless communications, long-distance, and roaming services with various postpaid and prepaid service plans internationally. AT&T has been consistently delivering an annual average total return of 5.00 % to its shareholders (DGI, 2008). Its policy is to reward the shareholder with an increase in dividend payouts year after year. However, in 2000, the company did drastically reduce its shareholders payout by 83% because of weak profits. They believed that it was in the long-term interest of the shareholders and they also wanted to be at par with the dividend policy of the competitors. The dividend cut was aimed at reducing the company’s debts of \$62 million... the telecom ...
4 Pages(1000 words)Essay

### 'Euthanasia is a compassionate response to the suffering of life'. Discuss the statement

...Running Head: INSERT ABBREVIATED Euthanasia and Section # of EUTHANASIA Across the globe doctors, legal authorities, religious leaders, relatives of patients in critical conditions and patients battling for life themselves are concerned about the issue about euthanasia. Whether or not euthanasia can ever be justified as a compassionate response towards the voluntary elimination of a person’s life is a major source of concern in today’s world. Generally, euthanasia has been termed as a process of ‘assisted suicide’ upon someone who is under severe medical conditions and the probability of survival is almost zero. This is a reason why euthanasia has also been tagged as a form of mercy killing for the benefit of the patients themselves. Many... Head:...
4 Pages(1000 words)Essay

### Nursing

...Nursing: Views of the American Academy of Nursing on Accreditation Nursing: Views of the American Academy of Nursing on Accreditation The American Academy of Nursing is a healthcare academy that disseminates, generates, and synthesizes nursing knowledge towards contributing to health practices and policies that aim at benefiting both the nursing professionals and the public (Finkelman and Kenner, 2013). The health policies often help in planning, decision-making, and implementation certain health care goals in the community. The American Academy of nursing academy advices students, especially international students to choice programs that they feel they are quite comfortable (“Committee on the Robert Wood Johnson Foundation Initiative... Views of the ...
1 Pages(250 words)Assignment

### Historical review

... Historical Review Why were Anne Frank and her sister transported from Auschwitz to Bergen-Belsen? Both sisters were young and energetic compared to their parents and instead of being taken to Auschwitz camp to be killed; they were taken to Bergen-Belsen concentration camp to provide labor. The Auschwitz camp was also nearing to be closed and the transfer of the surviving Jews to other camps had started (Weber 25). Why were Elie Wiesel and his father given the choice to stay behind in Auschwitz to await liberation by the arriving Soviet troops? Elie Wiesel had just had an operation conducted on his foot and was still in hospital when the rest were being taken by the Germans. He could not walk the around 50km journey in the cold weather... Historical...
2 Pages(500 words)Essay

### To what extent China's historical period since 1978 still shape China's contemporary society How has this been a constituting milestone to modern development or a hindering handicap

...To what extent Chinas historical period since 1978 still shape Chinas contemporary society? How has this been a constituting milestone to modern development or a hindering handicap? Contents Contents 2 Introduction 3 Chinas socio-political and economic themes: influence of historical period since 1978 4 Way of doing business in China, business culture, political structure 6 Influence of Chinas historical past on growth and development 8 Relation of Chinas economic reforms to todays growth of China 10 Differences between Chinas and Russias revolutionary reforms 12 Conclusion 14 References 15 Introduction The political structure and the business culture of the People’s Republic of China lay its roots in the cultural, traditional values... what extent...
12 Pages(3000 words)Essay

### Exploration Research

...the average for all occupations. O*Net (2010) shares a view with the occupational handbook in so far as the bright outlook of this occupation is concerned. Between 2012 and 2022, it is estimated that there will be an employment change of 73,300 of healthcare administrators. The entry level for healthcare administrators is Bachelor’s degree. In 2012, the median pay for a medical manager was \$88,580 per year (Bureau of Labor Statistics, 2014). Some of the majors that may land one to this career field include: master’s degrees in public administration, health services, business administration, long-term care administration, and public health (Bureau of Labor Statistics1 (2014). Summary of the Informational Interview I...
8 Pages(2000 words)Research Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

## Let us find you another Statistics Project on topic Statistics1 for FREE!

This Website is owned and operated by Studentshare Ltd (HE364715) , having its registered office at Aglantzias , 21, COMPLEX 21B, Floor 2, Flat/Office 1, Aglantzia , Cyprus.
Join us:
Contact Us