Introduction to Statistics: Data and Analysis
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Questions and Answers

What is the main goal of statistics?

  • To collect and organize data
  • To communicate knowledge concerning some particular fact
  • To gain information and knowledge from data (correct)
  • To simulate human intelligence in machines
  • What is the raw material of statistics?

  • Information
  • Facts
  • Qualitative data
  • Quantitative data (correct)
  • Which type of data includes numerical facts like weights and ages?

  • Quantitative data (correct)
  • Qualitative data
  • Facts
  • Information
  • What is the definition of Information?

    <p>Knowledge communicated concerning some particular fact</p> Signup and view all the answers

    What is Artificial Intelligence (AI)?

    <p>The simulation of human intelligence in machines using statistics</p> Signup and view all the answers

    What is the science of conducting studies to collect, organize, analyze, and draw conclusions from data?

    <p>Statistics</p> Signup and view all the answers

    What is the main difference between qualitative and quantitative data?

    <p>Quantitative data measures on a naturally occurring numeric scale</p> Signup and view all the answers

    What is the primary data source?

    <p>Collecting your own data for analysis</p> Signup and view all the answers

    What is the main reason for using samples in statistical studies?

    <p>Due to the expense and time</p> Signup and view all the answers

    Which method involves the collection of data from every element in a population?

    <p>Census</p> Signup and view all the answers

    What is an example of nominal data?

    <p>{Pass | Fail}</p> Signup and view all the answers

    What characterizes an infinite (uncountable) population?

    <p>Is impossible to count individually</p> Signup and view all the answers

    What is the most valuable resource according to The Economist in 2017?

    <p>Data</p> Signup and view all the answers

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