What is a number or attribute computed for each member of a population or a sample?

Measurement

Which among the set is bimodal?

a. {12, 22, 43, 22, 12}

One disadvantage of the mean is that a small number of extreme values can distort its
value.

True

The randomly selected 100 students for a survey is called a population

False

This industry use statistical approaches to estimate the number of depositors and their
claims for a certain day

Banking

It is the average of all the elements of a set

Mean

When the number of elements of the population is fixed and thus making it possible to
enumerate it in totality.

Finite

Statistics help predicts the future course of action of the phenomena.

Forecasting

It means a subgroup of the members of population chosen for participation in the study
Sample

Comparison is one of the main functions of economics as the absolute figures convey a very
less meaning.

False

Statistics is only the science of uncertainty and not the technology of extracting information
from data.

False
It is important to study statistics in order to formulate well-advance predictions.

True

It is the study of how to collect, organize, analyze, and interpret numerical information from
data.

Statistics

The population is not confined to people only, but it may also include animals, events,
objects, buildings, etc.

True

These are the two main branches of statistics

Descriptive and Inferential

Which is considered as qualitative data?

The texture of a rock

Qualitative data are variables that cannot be ordered in a logical or natural way.

True

The statistics are presented in a indefinite form so they also help in condensing the data
into important figures.

False

The characteristic of population based on all units is called parameter while the measure of
sample observation is called statistic.

True

It aims to describe various aspects of the data obtained in the study.

Descriptive Statistics

It is a characteristic that varies from one individual member of population to another

individual.

Variable

The measures of central tendency are mean, median and mode.

True

Standard Deviation is a measure of how spread out is the distribution.

False

When the number of units in a population are uncountable, and so it is impossible to

observe all the items of the universe

Infinite

Data collection used for a population.

Census

These are often used to communicate research findings and to support hypotheses and give
credibility to research methodology and conclusions.

Statistical Method and Analyses

The mean is sensitive to any change in value, unlike the median and mode, where a change
to an extreme or uncommon value usually has no effect.

True