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What are the four types of data? Which data types are quantitative and qualitative?
What is an example of each of the four types of data?
Write a 350- to 700-word paper in which you describe how you use statistics in your
everyday life.
Include your definition of statistics and the relative value of statistics in your life.
How are the mean, median, and mode similar? How are the mean, median, and mode
different? For a given set of data, might the mean, median, and mode be the same?
Give specific examples to illustrate your point.
Why might you use statistical notation? What are the advantages of using statistical
notation? What are the disadvantages of using statistical notation? Where have you
seen statistical notation?
How are the range, variance, and standard deviation related? How do they vary from
one another? How is the standard deviation linked to the mean?
What is a probability notation? What are the advantages and disadvantages of using
a probability notation? How does probability notation aid in decision making?
Do probability rules apply in the short term? Why or why not? What is the relationship
between probability and luck? When might you use a permutation? When might you
use a combination? Give specific examples to support your answer.
What are the characteristics of a standard normal distribution? Can two distributions
with the same mean and different standard distributions be considered normal? How
might you determine if a distribution is normal from its graphical representation?
In a normal distribution, what percent of observations fall between the mean and one
standard deviation? In a normal distribution, 95% of the data is located between the
mean and how many standard deviations? In a normal distribution of 2,216
observations, how many observations fall within one standard deviation of the mean?
What may be said of observations that fall beyond three standard deviations?
What are at least three sampling methods? What are the advantages and
disadvantages of these sampling methods? What sampling method might you use to
solve a problem within your organization? Why?
What is the purpose of a sample survey? What are potential mistakes made in
developing a sample survey? When is it appropriate to use a sample survey? How
might you use a sample survey in your organization?