13 Questions
What is the main goal of statistics?
To gain information and knowledge from data
What is the raw material of statistics?
Quantitative data
Which type of data includes numerical facts like weights and ages?
Quantitative data
What is the definition of Information?
Knowledge communicated concerning some particular fact
What is Artificial Intelligence (AI)?
The simulation of human intelligence in machines using statistics
What is the science of conducting studies to collect, organize, analyze, and draw conclusions from data?
Statistics
What is the main difference between qualitative and quantitative data?
Quantitative data measures on a naturally occurring numeric scale
What is the primary data source?
Collecting your own data for analysis
What is the main reason for using samples in statistical studies?
Due to the expense and time
Which method involves the collection of data from every element in a population?
Census
What is an example of nominal data?
{Pass | Fail}
What characterizes an infinite (uncountable) population?
Is impossible to count individually
What is the most valuable resource according to The Economist in 2017?
Data
This quiz covers the fundamental concept of statistics, focusing on the science of collecting, organizing, analyzing, and drawing conclusions from data to make informed decisions. Topics include the definition of statistics, the purpose of statistics, and the role of data in statistical analysis.
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