Parameters and Statistics

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Questions and Answers

Before any statistical analysis, the crucial first step involves ascertaining whether the given data represents a parameter or a statistic.

False (B)

A sample encompasses all items of interest, typically denoted by 'n'.

False (B)

Values calculated from a sample are referred to as parameters, offering insights into the broader population.

False (B)

Defining and observing populations in real-world scenarios is generally straightforward and uncomplicated.

<p>False (B)</p> Signup and view all the answers

Samples are often used due to their ease of accessibility, lower time investment, and reduced costs compared to studying an entire population.

<p>True (A)</p> Signup and view all the answers

A sample of students exclusively from the NYU canteen provides a highly representative view of the views and demographics of the entire university student body.

<p>False (B)</p> Signup and view all the answers

In a truly random sample, every member of the population possesses an unequal chance of being selected.

<p>False (B)</p> Signup and view all the answers

A representative sample accurately mirrors the traits and characteristics of the entire population from which it is drawn.

<p>True (A)</p> Signup and view all the answers

Selecting individuals in a haphazard way from the student database would likely compromise the randomness and representativeness of the sample.

<p>False (B)</p> Signup and view all the answers

Due to their sensitivity to incomplete data, statistical tests are rendered ineffective even by minor sampling errors.

<p>False (B)</p> Signup and view all the answers

Flashcards

Population

All items of interest in a study, denoted by N. Values are called parameters.

Sample

A subset of the population, denoted by n. Values obtained are called statistics.

Random Sample

Each member of the population has an equal chance of being selected.

Representative Sample

Accurately reflects the characteristics of the entire population.

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NYU Student Population

Includes on-campus, at-home, exchange, abroad, distance education, part-time, and enrolled but still in high school students

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Advantages of Sampling

Easier to contact, less time-consuming, and less costly than studying an entire population.

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Study Notes

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