BQA Final Exam Questions And Answers - Verified Solutions Latest 2024/2025 (Graded)

BQA Final Exam Questions And Answers - Verified Solutions Latest 2024/2025 (Graded) A procedure that uses numerical and graphical techniques to summarize data and to reveal patterns of information in a presentable and understandable form descriptive statistics a technique by which estimations, conclusions, predictions, or other generalizations are drawn about the characteristics of a larger set of data (population) on the basis of partial information (sample) inferential statistics all measurements of interest; includes the entire set of units that we are interested in studying population a partial collection of observations taken from a given population or is a subset of all the units of a population sample a characteristic or an attribute of an individual population unit that shows variability or variation over time variable values can be recorded or measured on a continuous scale or in an interval (ex: height, weight, etc.) quantitative variable values can only be assigned to one of the several mutually exclusive categories and cannot be measured on a continuous scale (ex: eye color, hair color, etc.) qualitative variable a process in which we assign numbers to observations according to a set of rules measurement a classification of measurement scales according to the amount of information about observations recorded 1. nominal 2. ordinal 3. interval 4. ratio levels of measurement