Fundamentals on Stats 2

Statistics that describe the group characteristics.

• Descriptive Statistics

• Inferential Statistics

Statistics of making inferences or prediction.

• Descriptive Statistics

• Inferential Statistics

Also known as categorical data.

• Qualitative

• Quantitative

Also known as numerical data.

• Qualitative

• Quantitative

Type of Quantitative data that is finite or countable.

• Discrete

• Continuous

Type of Quantitative data that are related to points or decimals on an interval of the real line.

• Discrete

• Continuous

The scale of measurement that contains things that you can place in order.

• Nominal

• Ordinal

• Interval

• Ratio

Scale of measurement that can be placed into categories.

• Nominal

• Ordinal

• Interval

• Ratio

The distances between any two numbers on the scale are known and it does not have a stable standing point (or an absolute zero). 

• Nominal

• Ordinal

• Interval

• Ratio

It has an absolute zero point and data can be classified and placed in a proper order to compare their magnitudes.

• Nominal

• Ordinal

• Interval

• Ratio