Question: 1. Please identify five (5) statistical concepts from weeks 1 through 6 of our course. Examples of such statistical concepts include, but are not limited
1. Please identify five (5) statistical concepts from weeks 1 through 6 of our course. Examples of such statistical concepts include, but are not limited to, mean, median, and mode; standard deviation; sampling methods; hypothesis testing; independent-samples t-test; matched-pairs t-test; and analysis of variance, as just a few examples.
2. For each of your selected statistical concepts:
a) An explanation of what it means that would be understandable to someone who had never heard of it before. You are expected to use outside information sources, other than our textbook, as part of this explanation.
b) Please illustrate this concept with a real-world example from your personal or professional life. This example could be real or hypothetical (e.g., if you are not currently employed, you can make up an example).
c) Please briefly explain why a knowledge and understanding of the statistical concept is important.
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