Statistics Flashcards
convinience sampling
the sample consists of easily accesible responses from the population
sample size planning
part of the design of statistical experiment
qualitative data
can’t be represented by numbers
quantitative data
data represented by numbers
histogram
illustrates the relative or absolute frequency of the sorted data point in different sections
boxplot
displays min, max, median…
the median
the middle value after sorting
outliers
far away from the median
sample mean
data average
the sample standard deviation
measure of the degree of variation in the sample
Law of Large Numbers
the mean of a large collection of independent random variables approximates the true population mean
deviations can be modeled with the help of normal distribution
The Central Limit Theorem
gives the probability of different possible outcomes
probability distribution
normal distribution
symetrical arround the mean
confidence interval
a range of possible values for an unknown parameter