Applied Probability and Statistics - C955

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8 Terms

1

Quantitative data (numerical data)

Consists of data values that are numerical, representing quantities that can be counted or measured.

  • Example: the number of employees at your firm or the average salary of an IT professional.

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2

Categorical data (qualitative data)

Consists of data that are groups, such as names or labels, and are not necessarily numerical, but can still include numbers.

  • Example: the type of industry or firm

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3

Pie chart

Categorical data set that displays parts of a whole.

<p><strong>Categorical </strong>data set that displays parts of a whole.</p>
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4

Bar chart (bar graph)

Categorical data set that counts or frequencies for the categories.

<p><strong>Categorical</strong> data set that counts or frequencies for the categories.</p>
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5

Dot plot

Quantitative data set useful to display the distribution of data, particularly clusters, gaps, and outliers. Most useful for smaller data sets.

<p><strong>Quantitative </strong>data set useful to display <span>the distribution of data, particularly clusters, gaps, and </span>outliers<span>. Most useful for smaller data sets.</span></p>
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6

Stem plot (stem-and-leaf plot)

Quantitative data set useful to display the distribution or shape of data according to place values.

<p><strong>Quantitative </strong>data set useful to display t<span>he distribution or shape of data according to place values.</span></p>
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7

Box plot

Quantitative data set useful to display the center, spread, and outliers in a given data set.

<p><strong>Quantitative </strong>data set useful to display the center, spread, and outliers in a given data set.</p>
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8

Histogram

Quantitative data set useful to display the distribution (shape and spread) of quantitative data.

<p><strong>Quantitative </strong>data set useful to display the <span>distribution (</span>shape<span> and spread) of quantitative data.</span></p>
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