STAT 1450 Chapter Notes - Chapter 8: Current Population Survey (Us), Vehicle Insurance, General Social Survey

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Guided notes associated with the lecture video for sections 8. 1 & 8. 2. Connecting chapter 8 to our current knowledge of statistics: Part i of the text emphasized ways of organizing, analyzing, and even interpreting data. Now, we"ll focus on methodologies associated with collecting data. State farm & allstate have been mainstays as the two largest auto insurers in the country. Guess who now wants to crash the party . There is some thought that these two companies owe their success to their appeal to younger clients. The population in a statistical study is the. Entire group of individuals about which we want information. A sample is a part of the population from which we actually collect information. We can make inferences about a population from a well-drawn sample. A sampling design describes how to choose a sample from the population.

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