Basic Concepts Flashcards
deals with the scientific method of collecting, organizing, summarizing, presenting, and analyzing data, as well as drawing valid conclusions and making reasonable decision on the bases of this analysis
Statistics
What is the basic concern in the study of statistics
presentation and interpretation of chance outcomes occurred in a planned or scientific investigation
values that the variables can assume
Data
Values whose values are determined by chance
Random variables
Two types of variables
- Qualitative variables
- Quantitative variables
words or codes that represent a class or category
Qualitative variables
numbers that represent an amount or a count
Quantitative variables
Classification of Quantitative variables
- Discrete variables
- Continuous variables
- can be assigned values as 0, 1, 2, 3, …
- said to be countable
Discrete variables
can assume all values between any two specific values like 0.5, 1.2, etc.
Continuous variables
Ex. of continuous variable
length of a wire
Ex. of discrete variable
number of persons in a room
procedures used in the collection, presentation, analysis, and interpretation of data
Statistical Methods
Two (2) major areas where statistical methods may belong to
- Descriptive statistics
- Statistical inference
comprises those methods concerned with COLLECTING and DESCRIBING a set of data so as to yield MEANINGFUL information
Descriptive Statistics
Descriptive statistics provides information only about the __ __ and in no way draws inferences or conclusions concerning a larger set of data.
collected data
What are constructed under Descriptive Statistics
- tables
- graphs
- charts
- other relevant computations
comprises those methods concerned with the ANALYSIS of a subset of data leading to PREDICTIONS or INFERENCES about the entire set of data
Statistical Inference
consists of methods that are used to INFER CHARACTERICSTICS of a population from observations on sample or formulate general laws on the basis of repeated observations
Inferential Statistics
Two (2) types of problems statistical inference is concerned with
- Estimation of population parameters
- Tests of hypotheses
consists of the totality of the observations with which we are concerned
Populations