Past Exam for DSCI 207 - Intro: Business Statistics with Garrett at Saint Louis (SLU)

Exam Information

Material Type:Exam 1
Class:DSCI 207 - Intro: Business Statistics
Subject:Decision Sciences
University:Saint Louis University
Term:Fall 2010
  • Exclusive Or
  • The Independent
  • Experimental Unit
  • Qualitative
  • Combination
  • Observations
  • Transformation Process
  • Qualitative Data
  • Useful Information
  • Conditional
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Sample Document Text

Exam 1 Study Guide Multiple Choice 40-60% Chapter 1; 12 p 741-742; 2; 3; 4 to page 204 ? Stats in Business Processes ? Math Review ? Excel Model and Tools ? Data Presentation and Descriptions ? Probability Concepts ? Discrete Probability Distributions Practice Problems at the end of the chapter Chapter 1 ? Statistics ? The science of data. Involves collecting, summarizing, organizing, analyzing, and interpreting numerical information in the form of data. A tool for turning data into information. To summarize, analyze, and interpret data so as to provide useful information. o Descriptive ? utilizes numerical and graphical methods to look for patterns in a data set, to summarize the information revealed in a data set, and to present the information in a convenient form. o Inferential ? utilizes sample data to make estimates, decisions, predictions, or other generalizations about a larger set of data. Utilizes sample data ...

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