New User Special Price Expires in

Let's log you in.

Sign in with Facebook


Don't have a StudySoup account? Create one here!


Create a StudySoup account

Be part of our community, it's free to join!

Sign up with Facebook


Create your account
By creating an account you agree to StudySoup's terms and conditions and privacy policy

Already have a StudySoup account? Login here

St-260 Week 1

by: Carter Cox

St-260 Week 1 ST 260

Carter Cox

Preview These Notes for FREE

Get a free preview of these Notes, just enter your email below.

Unlock Preview
Unlock Preview

Preview these materials now for free

Why put in your email? Get access to more of this material and other relevant free materials for your school

View Preview

About this Document

Cover material of week 1
Statistical Data Analysis
Dr. Marcus Perry
Class Notes
25 ?




Popular in Statistical Data Analysis

Popular in Business

This 2 page Class Notes was uploaded by Carter Cox on Monday September 5, 2016. The Class Notes belongs to ST 260 at University of Alabama - Tuscaloosa taught by Dr. Marcus Perry in Fall 2016. Since its upload, it has received 52 views. For similar materials see Statistical Data Analysis in Business at University of Alabama - Tuscaloosa.


Reviews for St-260 Week 1


Report this Material


What is Karma?


Karma is the currency of StudySoup.

You can buy or earn more Karma at anytime and redeem it for class notes, study guides, flashcards, and more!

Date Created: 09/05/16
Stats 260 Week One Notes Statistics - Science of…. Data o Collecting o Organizing o Summarizing o Interpreting - Why? Purpose of decision making - Blend of skills and knowledge Data to Information - data is often numbers Types of Statistics - Descriptive o Summarizes data - Inferential o Summarizes and allows inference to a population o Specify Parameter Sources of Data - Surveys o Advantage: Directly related to problem o Disadvantage: Expensive in time and money - Experiments o Advantage: Directly related to problem o Disadvantage: Expensive in time and money - Data Basses o Advantage: inexpensive o Disadvantage: data collected by 3 party not directly related to your problem Good Sampling Design - What, how, where, when, who… to measure - Format of recorded data Strategies - Simple random sample - Stratified sample: o Male/ female - Multistage/ cluster Dirty data - Misleading - Duplicate - Incorrect - Inaccurate - Nonintegrated Data Types Variable - any measurable characteristic of a person or thing - Always observe… when reviewing data set o The number of variables o The type of variable Types of Variables - Quantitative o If averages or differences have meaning  Length, width, time, income o Discrete  Countable possible outcomes o Continuous  Any value in an interval can occur - Qualitative (categorical) o Classify people or things  Color, nationality, gender o Ordinal  Natural ordering  Good, better, best o Nominal  By name only, no natural ordering  Male, female, red blue Interval Vs Ratio Data - Difference is that interval data does not have an established non arbitrary zero point - Temp is interval data


Buy Material

Are you sure you want to buy this material for

25 Karma

Buy Material

BOOM! Enjoy Your Free Notes!

We've added these Notes to your profile, click here to view them now.


You're already Subscribed!

Looks like you've already subscribed to StudySoup, you won't need to purchase another subscription to get this material. To access this material simply click 'View Full Document'

Why people love StudySoup

Steve Martinelli UC Los Angeles

"There's no way I would have passed my Organic Chemistry class this semester without the notes and study guides I got from StudySoup."

Kyle Maynard Purdue

"When you're taking detailed notes and trying to help everyone else out in the class, it really helps you learn and understand the I made $280 on my first study guide!"

Bentley McCaw University of Florida

"I was shooting for a perfect 4.0 GPA this semester. Having StudySoup as a study aid was critical to helping me achieve my goal...and I nailed it!"


"Their 'Elite Notetakers' are making over $1,200/month in sales by creating high quality content that helps their classmates in a time of need."

Become an Elite Notetaker and start selling your notes online!

Refund Policy


All subscriptions to StudySoup are paid in full at the time of subscribing. To change your credit card information or to cancel your subscription, go to "Edit Settings". All credit card information will be available there. If you should decide to cancel your subscription, it will continue to be valid until the next payment period, as all payments for the current period were made in advance. For special circumstances, please email


StudySoup has more than 1 million course-specific study resources to help students study smarter. If you’re having trouble finding what you’re looking for, our customer support team can help you find what you need! Feel free to contact them here:

Recurring Subscriptions: If you have canceled your recurring subscription on the day of renewal and have not downloaded any documents, you may request a refund by submitting an email to

Satisfaction Guarantee: If you’re not satisfied with your subscription, you can contact us for further help. Contact must be made within 3 business days of your subscription purchase and your refund request will be subject for review.

Please Note: Refunds can never be provided more than 30 days after the initial purchase date regardless of your activity on the site.