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Statistical Concepts and Inference Flashcards

7 cards from real Data Science practice questions. Tap to flip, then mark Knew It or Still Learning โ€” missed cards come back until you master them.

Read the first 7 Statistical Concepts and Inference flashcards as text
  1. For a strongly right-skewed income distribution, which measure of central tendency best represents a typical value?

    Answer: Median

    The median is resistant to extreme values and better reflects the typical observation in skewed data.

  2. A correlation coefficient of -0.9 indicates:

    Answer: A strong negative linear relationship

    A coefficient near -1 indicates a strong negative linear association.

  3. Which statement about correlation and causation is correct?

    Answer: Correlation can arise from a confounding variable without direct causation

    Two variables can be correlated due to a lurking confounder rather than one causing the other.

  4. In a normal distribution, approximately what percentage of values fall within two standard deviations of the mean?

    Answer: 95%

    The empirical rule states about 95% of data lies within two standard deviations of the mean.

  5. A z-score of 0 means the observation is:

    Answer: Exactly at the mean

    A z-score of 0 indicates the value equals the mean.

  6. Which sampling method gives every member of the population an equal chance of selection?

    Answer: Simple random sampling

    Simple random sampling ensures each unit has an equal and independent probability of selection.

  7. The interquartile range (IQR) measures:

    Answer: The spread of the middle 50% of the data

    The IQR is the distance between the 25th and 75th percentiles, capturing the central half of the data.