top of page
  • Writer's pictureDanielle Costa Nakano

School! UC Berkeley Executive Education

I'm thinking about graduate school and have an interesting project at work. To help guide both, I have started a 12 week learning adventure with UC Berkeley Haas Data Science: Bridging Principles and Practice. Week 0 was assessment and refresh.



Statistics for Business:

Decision Making and Analysis,

3rd. Edition.


VARIABLES

categorical variable:  Column of values in a data table that identifies cases with a common attribute. Sometimes called qualitative or nominal variables (no order, see ordinal).  (Fruit, Types, zip codes, Identification Numbers, etc).  these are continuous variables.

ordinal variable:  A categorical variable whose labels have a natural order.  (rating system 10 Best and 1 Worst).   A  Likert scale is a measurement scale that produces ordinal data, typically with five to seven categories.   Another example can be Tiny, Small, Med, Large, Jumbo.

numerical variable: Column of values in a data table that records numerical properties of cases (also called continuous variable).  (Amounts, dates, times)

measurement unit: Scale that defines the meaning of numerical data, such as weights measured in kilograms or purchases measured in dollars.  CAUTION: The data that make up a numerical variable in a data table must share a common unit.

area principle:  The area of a plot that shows data should be proportional to the amount of data.

time series: A sequence of data recorded over time.

timeplot:  A graph of a time series showing the values in chronological order.

frequency: The time spacing of data recorded in a time series.

distribution:  The collection of values of a variable and how often each occurs. 

frequency table: A tabular summary that shows the distribution of a variable, count.

relative frequency: The frequency of a category divided by the number of cases; a proportion or percentage. 




0 comments

Recent Posts

See All
Post: Blog2_Post
bottom of page