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Stats 101 - Chapter 1 Exam Question & Answers 2025
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Polls and Surveys - CORRECT ANSWERS ✔✔The process of collecting data from a sample, or subset, of the population in order to determine information about the whole population. Should include the target population, sample selection method, sample size, margin of error, date of the survey and the exact question. Goal of polls and surveys - CORRECT ANSWERS ✔✔To obtain a REPRESENTATIVE Sample (a sample that reflects the characteristics in the population). Random Sampling - CORRECT ANSWERS ✔✔Involves each unit being chosen entirely by chance and hence avoids subjective and other biases and allows for the calculation of likely size of sampling errors. The larger the sample, the more effective the randomisation is in producing a representative sample. Simple random sampling - CORRECT ANSWERS ✔✔Form of random sampling where every unit has an equal chance of being chosen. Other types of random sampling - CORRECT ANSWERS ✔✔Stratified sampling, cluster sampling and systematic sampling.
Sampling Errors - CORRECT ANSWERS ✔✔- Errors as a result of taking a sample - unavoidable
Estimate - CORRECT ANSWERS ✔✔A known quantity calculated from the (sample) data to estimate an unknown parameter. Statistical Inference - CORRECT ANSWERS ✔✔The process of using sample data to make useful statements about a population. Confidence in bootstrap confidence interval - CORRECT ANSWERS ✔✔Comes from the fact that this method produces and interval which contains the true value of the parameter a very high percentage of the time. Bootstrap confidence for a parameter - CORRECT ANSWERS ✔✔A range of believable values for the true parameter value Observational Studies - CORRECT ANSWERS ✔✔Used to study the effect of a factor of interest on individuals or units.
group the units were assigned, each unit would still have the same actual value of the measure made.