Qmb Exam 1 (Verified 2024) Graded A

QMB EXAM 1 (verified 2024)pimary data - ans-data collected by yousecondary data - ans-data collected by someone elsetypes of data (variables) - ans-categorical data quantitative datacategorical (qualitative) data - ans-data descrived using categories (words)2 types of categorical data - ans-nominal, ordinalnominal data (most categorical data) - ans-categorical data that has no order or sequenceordinal data (rare) - ans-categorical data that has a meaningful order or sequence ex: grade of gasquantitative data - ans-data described using meaninful numbersfour types of quantitative data - ans-ratiointervaldiscretecontinuousratio (most) - ans-where zero means there is noneinterval - ans-zero doesnt mean there is noneex: temperature, ph scalediscrete - ans-data that are countablecontinuous - ans-data that are measurablecross-sectional data - ans-data gathered at a single point in timeex: student is aked their age, gpa, and majortime series data - ans-data that is gathered over timeex:statistician tracks gpa of student of colege yearspopulation data - ans-every single person or thing we are interested inex: all fsu studentssample - ans-randomly selected subset of a populationex: 20 fsu studentsstatistics - ans-if numerical value comes from a Sampleparameter - ans-if numerical value comes from population2 main areas of statistics - ans-descriptiveinferentialdescriptive - ans-s;ample is taken and that is all that