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Qualitative variable: An attribute or characteristic of population different than the amount.
Variables: Characteristics that you can study in a population
Quantitative variable: It is one in which the variates differ in magnitude, e.g. Income, age,
gnp, etc.
Standard deviation: the dispersion of data with respect to the average. It is denoted by
the greek letter sigma.
Median: It is defined as the intermediate value of the population
Mode: The mode is a most common (frequent) value.
Coefficient of variation: Allows to know the degree of dispersion of the data with respect
to the half, but in this case is isolated from the analysis units. It is especially useful for
comparing the variation in different samples
Statistics is the science that deals with the collection, classification, analysis, and
interpretation of numerical facts or data, and that, by use of mathematical theories of
probability, imposes order and regularity on aggregates of more or less disparate
elements.
Population: a set of elements with common characteristics that will be studied. A finite or
infinite collection of items under consideration.