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- https://stats.libretexts.org/Courses/Fresno_City_College/Book%3A_Business_Statistics_Customized_(OpenStax)/01%3A_Sampling_and_Data/1.06%3A_Chapter_Key_TermsRelative Frequency the ratio of the number of times a value of the data occurs in the set of all outcomes to the number of all outcomes to the total number of outcomes Representative Sample a subset o...Relative Frequency the ratio of the number of times a value of the data occurs in the set of all outcomes to the number of all outcomes to the total number of outcomes Representative Sample a subset of the population that has the same characteristics as the population Response Variable the dependent variable in an experiment; the value that is measured for change at the end of an experiment Sample a subset of the population studied Sampling Bias not all members of the population are equally lik…
- https://stats.libretexts.org/Courses/Fresno_City_College/Introduction_to_Business_Statistics_-_OER_-_Spring_2023/01%3A_Sampling_and_Data/1.06%3A_Chapter_Key_TermsRelative Frequency the ratio of the number of times a value of the data occurs in the set of all outcomes to the number of all outcomes to the total number of outcomes Representative Sample a subset o...Relative Frequency the ratio of the number of times a value of the data occurs in the set of all outcomes to the number of all outcomes to the total number of outcomes Representative Sample a subset of the population that has the same characteristics as the population Response Variable the dependent variable in an experiment; the value that is measured for change at the end of an experiment Sample a subset of the population studied Sampling Bias not all members of the population are equally lik…
- https://stats.libretexts.org/Courses/Saint_Mary's_College_Notre_Dame/BFE_1201_Statistical_Methods_for_Finance_(Kuter)/01%3A_Sampling_and_Data/1.06%3A_Chapter_Key_TermsData is discrete if it is the result of counting (such as the number of students of a given ethnic group in a class or the number of books on a shelf). the ratio of the number of times a value of the ...Data is discrete if it is the result of counting (such as the number of students of a given ethnic group in a class or the number of books on a shelf). the ratio of the number of times a value of the data occurs in the set of all outcomes to the number of all outcomes to the total number of outcomes Once a member of the population is selected for inclusion in a sample, that member is returned to the population for the selection of the next individual.
