Sharpen Your Statistical Knowledge

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Questions and Answers

What are the two values that binary data can take?

  • 1 and 3
  • 0 and 1 (correct)
  • 0 and 2
  • 1 and 2

What is prevalence?

  • The proportion of events that occur within a given time period
  • The ratio of the proportion of 1's to the proportion of 0's.
  • The number of people in a population with a particular condition.
  • The number of people in a population with a particular condition divided by the number of people in the population. (correct)

What is the range of values a proportion can take?

  • 0 to 10
  • 0 to 1 (correct)
  • -1 to 1
  • 1 to 100

What is a rate?

<p>The proportion of events that occur within a given time period (B)</p> Signup and view all the answers

What are odds?

<p>The ratio of the proportion of 1's to the proportion of 0's. (C)</p> Signup and view all the answers

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Study Notes

  • Binary data only take two values: 0 and 1.
  • Proportions can be classified as risks or rates.
  • Prevalence is the number of people in a population with a particular condition divided by the number of people in the population.
  • A proportion must lie between 0 and 1.
  • A rate is the proportion of events that occur within a given time period.
  • Odds are the ratio of the proportion of 1's to the proportion of 0's.
  • The odds of an event are x/y and the proportion is x/(x+y).
  • The odds of an event are o = p/(1-p).
  • An odds of 1 implies a proportion of 0.5.
  • Odds are commonly used in betting.

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