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## Economics Dr. Sauer

Chapter 1: Data Collection & Graphical Representation 1.1 Introduction to Statistics Statistics is a ______________ concerned with the: of quantitative data and with the application of ___________________________ to the analysis and estimation of _______________________________________.

A statistic is a ___________________ characteristic. A population is the ________________________________________ that is under study. A parameter is a ___________________ characteristic. A sample is ___________________ of the population.

1.2 Data Collection: Samples, Surveys, and Experiments 1.2.1 Planning a Survey 1. Define the ____________________ of the study. 2. Define the target _______________________. 3. Choose a _________________ method. 4.Decide on the _________________ of the survey. 5. Prepare the ____________________. 6. _______________________ the survey. 7. Carry out a ______________ survey. 8. Carry out a ____________________________ survey. 1.2.2 Random Samples Randomization is fundamental to ___________________________ bias. A simple random sample is a sample in which every member of the population has probability of being selected.

A random sample is a sample in which every member of the population has probability of being selected. Problems with Simple Random Samples 1. 2. 3. 4. Stratified Random Sampling

Cluster Sampling

## 1.2.4. Methods of Contact

1.2.5 Designed Experiments Experiments usually involve __________________ groups and _______________ groups.

## 1.3 Sources of Statistical Data

1.4 Sorting and Classifying Data 1.4.1 Qualitative and quantitative Data Qualitative or Categorical Data are:

Discrete Data:

Continuous Data:

Accuracy

Rounding

## 1.4.3 Stem-and-Leaf Plot

1.4.4 Frequency Distribution Table How to Sort Data into a Frequency Table: 1. 2. 3. Unequal and open-ended intervals:

1.5 Charts: Bar Charts, Pie Charts, and Plotting in Excel Review as needed. 1.6 Graphs: Histograms and Ogives. Graphs in Excel. 1.6.1 Histograms: For Data Sorted into Equal Intervals