Statistics Flashcards
A science which deals with the collection, presentation, analysis and interpretation of data
Statistics
Involves more than the simple collection, tabulation and summarizing of data
Statistics
Uses of statistics:
- Give a precise description of data
- Predict the outcome of experiment or behaviour of an individual
- Used to test the hypothesis
Deals with the method of organizing, summarizing and presenting a mass of data
Descriptive Statistics
Deals with making generalizations about a body of data. Analysis of a subset of data leading to predictions or inferences
Inferential Statistics
Individuals or entities under consideration or study
Population
Part of the population or sub-collection of elements
Sample
Characteristic of interest measurable
Variable
Types of variable
Qualitative
Quantitative
Categories or attributes, which have non-numerical characteristics
Qualitative variable
Consist of numbers representing counts or measurements
Quantitative Variable
Results from either a finite number of possible values or a countable number
Discrete Quantitative Variable
Results from infinitely many possible values
Continuous Quantitative Variable
Characteristic of a population
Parameter
Characteristic of a sample
Statistic