Statistics Lecture 1 Flashcards
Statistics
The science of assembling, classifying, tabulating, and analyzing data of a numerical nature to present significant information about a given subject.
Main branches of statistics
- Descriptive statistics
- Inferential statistics
Descriptive statistics
a way of summarizing data from a population or a sample.
Inferential statistics
Comparison of data, extrapolation…
Data
A collection of information. A set of values of qualitative or quantitative variables.
Types of data
- Qualitative
- Quantative
Quantitative data
Numeric date
Qualitative data
Non-numeric date
Observation
Entity whose characteristics we measure
Measurement
Assigning numbers to observations according to pre-set rules
Variable
A measurement characteristic that can have various values or levels
Types of variables
- Qualitative(categorical) = Non numerical
- Quantitative = Numerical
Types of quantitative variables
- Discrete
- Continuos
Types of qualitative variables
- Binary
- Nominal
- Ordinal
Continuos:
- Quantitative
- Not restricted to taking specified values