Introduction Flashcards
What is the science of Statistics?
The science of learning from data
What is a Population?
A group of objects or individuals about which we wish to draw conclusions.
What is a Parameter?
A numeric characteristic of a population.
What is the formula to find a Population mean (Mu)
Mu = (1/N)*Sum(from i=1 to N) of x_i N = size of the population x_i = value of the i-th value of the population.
What is the Population variance (sigma^2)?
This summarizes the natural variability among values of the population.
This can be thought of as the average distance from mu
How is the population variance found?
sigma^2 = (1/N)* sum(from i=1 to N) of (x_i - mu)^2
How do you find the population standard deviation (aka sigma)?
This is the square root of the population variance (sigma^2). Thus, the pop standard deviation = sqrt(sigma^2)
What is the population proportion?
This is the same as mu, except every value (x_i) is given either a 1 or a 0, depending upon whether they possess the characteristic you are looking for.
proportion = (1/N)*Sum(from i=1 to N) of x_i
What is a census?
What we call it when data is collected from every single subject in the population.
What is a sample?
A subset of the population
What is a statistic?
A number that describes a sample. It is used to ESTIMATE the population parameter.
Parameter is to population, what…
Statistic is to sample.
What formula do we use to find the sample mean (X_bar)?
X_bar = (1/n)Sigma (from i=1 to n) of X_i.
n = sample size
X_i = ith sample value.
aka the sum of the values in a list divided by the number of values in the list.
How do we denote the sample variance?
s^2. Like sigma^2, but with the sample!
What is the sample proportion, p-hat?
Similar to the population proportion, the sample proportion is found the same as X_bar, but each X_i is given a value of 0 or 1.