Statistical theory 1 Flashcards
What does probability theory do?
Makes a prediction
e.g. I know the coin is fair, so the probability of heads is 50%
What do inferential statistics do?
Draws a conclusion (inference) based on the data
What is the frequentist view of probability?
Probability is a ‘long run frequency’
It is objective
It is in the world
- If you do something infinitely, the probability will be exact*
- e.g. infinite coin flips = 50% heads and 50% tails*
The frequentist view of probability only applies to…
repeatable events
What is the ‘law of large numbers’?
A large sample size will probably be more representative than a small sample size.
What is a good target for a minimum sample size?
25-30 participants
What is the Bayesian view of probability?
Probability is degree of belief
(i.e. what does an idealised, rational agent believe will happen?)
Probability is subjective and it is only in the belief of rational agents
It applies to anything you can believe
What is Bayes theorem?
In probability and statistics: describes the probability of an event, based on prior knowledge of conditions that might be related to the event
I think Melbourne will win the cup is what view of probability?
Bayesian
1 in 3 people will get cancer is what view of probability?
Frequentist
Probability distributions: the probability that everything must happen must sum to __
1
(e.g. if i flip a coin its 50% heads 50% tails = 1)
0 = will certainly not happen, 1 = will definitely happen
What is a binominal distribution?
Used to describe count data of one of two possible events happening
(bi) = two, (nominal) = number
Can capture anything where there are two possible outcomes and there is some underlying probability of success
What is the shape of a normal distribution?
Bell Curve
How many parameters does the bell curve have?
2
The mean and the standard deviation
In a normal distribution, what does μ (mu) stand for?
The mean