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2. Differentiate population and samples. (Give example for each.)
3. Enumerate the 3 properties of summation notation. ( Give at least 3 example for each.)
Descriptive statistics are used to describe or summarize data in ways that are meaningful and
useful. For example, it would not be useful to know that all of the participants in our example wore
blue shoes. However, it would be useful to know how spread out their anxiety ratings were.
Descriptive statistics is at the heart of all quantitative analysis.
Descriptive statistics provide a concise summary of data. You can summarize data
numerically or graphically. For example, the manager of a fast food restaurant tracks
the wait times for customers during the lunch hour for a week. Then, the manager
summarizes the data.
The main difference between a population and sample has to do with how observations are assigned to
the data set.
Depending on the sampling method, a sample can have fewer observations than the population, the same
number of observations, or more observations. More than one sample can be derived from the same
population.
Other differences have to do with nomenclature, notation, and computations. For example,