Module 1 Flashcards
What is Statistical Inference?
It is the statistical concept allowing us to generalize a result obtained on a sample onto an entire population?
What are Descriptive Statistics?
They are methods used to summarize the information contained in a sample using numerical indicators or graphs.
What are the 2 broad categories of variables?
Qualitative variables and Quantitative variables.
What do Qualitative measures report on?
Information of qualitative nature.
For example: the type of device used to consult a website.
What do Quantitative measures report on?
Those which are evaluated on a numerical scale.
For example, the time during which a user looks at a specific element is measured in seconds.
What are the 2 sub-groups of Qual Variables?
Ordinal and Nominal variables.
What are Ordinal Variables?
They correspond to situations where there exists a natural ordering of categories.
For example: the level of familiarity with the tool:
beginner, intermediate, or advanced.
What is a Nominal Variable?
A nominal variable is a variable whose values are simply labels used to name each of the categories.
There is no notion of order.
For Example: the type of device used to visit a website - the information codification one for computer, two for smartphone, and three for tablet - is completely arbitrary.
What are discrete variables?
Discrete variables take values that can be distinctly listed. They are often used to count things.
For instance, the number of clicks made on a website’s button in a day, which can take values zero, one, two, three, etc..
What are the 2 types of Quant Variables?
Discrete Variables and Continuous Variables.
What are Continous Variables?
Continuous variables take values in an interval.
For example, the completion time of task by user can take any value between zero and, potentially, an infinite number of minutes.
What are Indicator Variables?
They are binary variables, meaning they can take only two possible values which are either coded zero or one.
Why is the zero-one value used?
It facilitates certain statistical analysis, namely when interpreting the results obtained.
What are the 3 popular central tendencies?
Mean, Median and Mode
How is the Mean described?
The sum of the observations over the number of observations, is known to all.
How is the median calculated?
Calculating the median involves ordering the numbers in ascending order.
The median is simply the observation in the middle.
How is an even Median Calculated?
If the number of observations is even, then the median is defined as the mean of two observations in the middle.
How is the mode described?
The mode is the most frequent observation.
The mean is much more sensitive to extreme values than the median?
True or False?
True
Different measures of central tendency do not capture exactly the same information and have different properties.
True or False?
True