flashcards
statistics
the study of variability
variability
how things differ
2 branches of statistics
inferential and descriptive
descriptive statistics
describing date using charts, graphs, pictures, means median ect.
inferential statistics
using your collected data to infer about a bigger picture
comparing descriptive and inferential
Descriptive explain about the data that you have, inference uses that data you have to try to say something about an entire population
data
information collected
population
group you are interested in collecting data from
sample
part of the population that you collect data from to make an inference about the big population statistics are calculated from samples
compare sample and population
sample is part of the population both are groups but samples are a portion of the population
compare data and statistics
data is individual information and statistics is like a mean median or mode of a sample
compare data and parameters
data is individual information and parameters are data summaries from a population
parameter
a numerical summary of populations like median modes or means
statistic
a numerical summary of a sample like median modes or means
We are curious about the average wait time at a Dunkin Donuts drive through in your neighborhood. You randomly sample cars one afternoon and find the average wait time is 3.2 minutes. What is the population parameter? What is the statistic?
What is the parameter of interest? What is the data?
The parameter is the true average wait time at that Dunkin Donuts. This is a number you don’t have and will never know. The statistic is “3.2 minutes.” It is the average of the data you collected. The parameter of interest is the same thing as the population parameter. In this case, it is the true average wait time of all cars. The data is the wait time of each individual car, so that would be like “3.8 min, 2.2 min, .8 min, 3 min”. You take that data and find the average, that average is called a “statistic,” and you use that to make an inference about the true parameter.