L4 Statistical techniques and sampling designs Flashcards
Descriptive statistics
Methods of summarizing the data in an informative way
- central tendency: mean, median, mode
- dispersion: range, stdev, variance, interquartile range
Inferential statistics
Methods to draw conclusions (or to make inferences, test hypotheses) • Mean difference test • Chi-square test • Analysis of variance (ANOVA) • Regression analysis • Logit analysis
Four types of scales
- Nominal (qualitative)
- Ordinal (qualitative)
- Interval (quantitative)
- ratio (quantitative)
Nominal scale
allows classifying data into groups/categories
e.g. gender
Ordinal scale
rank orders in a meaningful way
e.g. education level
Interval scale
Meaningful differences between values, but no natural zero point –> zero means something (0 degrees)
Ratio scale
Meaningful differences and ratios between values due to a natural zero point –> zero is actually nothing (0 dollar is no money)
Choosing between inferential statistics:
IV=nominal/ordinal DV=nominal/ordinal
Chi-square test
Choosing between inferential statistics:
IV=nominal/ordinal DV=interval/ratio
T-test, Anova
Choosing between inferential statistics:
IV=interval/ratio DV=nominal/ordinal
logit analysis
Choosing between inferential statistics:
IV=interval/ratio DV=interval/ratio
regression analysis
When to perform T-Test vs Anova
T-Test –> compare two means (two levels of IV)
Anova –> compare more than two levels
Rating scales
- Likert scale: strongly agree/disagree
- Semantic differential: Cold warm
TREATED AS INTERVAL/RATIO so that you can use regression
What is a population?
Entire group of people, firms, events, or things of interest for which you would like to make inferences
What is a sample?
A subset of the population of interest