Which of the following statistical terms is best defined by the following: Things known or assumed as facts, making the basis of reasoning or calculation. O Data O Hypothesis O Population O Sample Statistics

College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter9: Counting And Probability
Section: Chapter Questions
Problem 7CC
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Which of the following statistical terms is
best defined by the following: Things known or
assumed as facts, making the basis of reasoning
or calculation.
Data
Hypothesis
Population
O Sample
O Statistics
Which of the following statements is correct?
Probability calculations go from specific to
general, from sample to population, from data
to model.
O Probability calculations start with the sample
and predict what will happen in many samples
of the population.
Statistics give us conclusions, not clean crisp
probabilities.
Statistics give us probabilities, not clean crisp
conclusions.
Transcribed Image Text:Which of the following statistical terms is best defined by the following: Things known or assumed as facts, making the basis of reasoning or calculation. Data Hypothesis Population O Sample O Statistics Which of the following statements is correct? Probability calculations go from specific to general, from sample to population, from data to model. O Probability calculations start with the sample and predict what will happen in many samples of the population. Statistics give us conclusions, not clean crisp probabilities. Statistics give us probabilities, not clean crisp conclusions.
Which of the following is correct about probability?
Odds and Probabilities are two opposing ways to express the
same concept inversely.
Odds = P(event not occurring) / P(event occurring) = p1/ (1 - p2)
%3D
Value of P(event not occurring) = (p - 1)
%3D
O Odds Ratio (OR) = a ratio of two odds (odds1) / (odds2) = [(p1/
1- p1) / (p2 / 1 – p2)]
%3D
%3D
%3D
Every probability can be expressed as a hypothesis.
Transcribed Image Text:Which of the following is correct about probability? Odds and Probabilities are two opposing ways to express the same concept inversely. Odds = P(event not occurring) / P(event occurring) = p1/ (1 - p2) %3D Value of P(event not occurring) = (p - 1) %3D O Odds Ratio (OR) = a ratio of two odds (odds1) / (odds2) = [(p1/ 1- p1) / (p2 / 1 – p2)] %3D %3D %3D Every probability can be expressed as a hypothesis.
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