Week 1: Ingredients for Statistics Flashcards
What are descriptive statistics?
Statistics that describe your data
What are inferential statistics?
Statistics that infer beyond your data and make decisions.
What do inferential statistics involve?
They involve making inferences about populations based on information from samples (as compared to descriptive statistics, which merely summarize known information)
What is the BIG picture?
Population -> Sampling -> Sample -> Statistic Inference -> Population
What is a simple random sample?
When each unit of the population has the same chance of being selected, regardless of the other units chosen for the sample.
Three comparisons between random and non random sampling?
- Random samples have averages that are centred around the correct number
- Non-random samples may suffer from sampling bias, and averages may not be centred around the correct number
- Only random samples can truly be trusted when making generalisations to the population.
What are population parameters?
A quantity or statistical measure that, for a given population, is fixed and that is used as the value of a variable in some general distribution or frequency function to make it descriptive of that population… A score from entire population such as the mean. They are usually unknown.
What letters do population parameters have?
Usually have greek letters.
What are statistics?
Statistics are figures from known data. They are scores of the sample only
What letters do statistics have?
They usually have roman letters.
What are point estimates?
They are single figure estimates of an unknown number. They will not match the population parameters exactly, but they are our bets guess given the data.
Example of how point estimates come about?
Using a single number (sample mean) to estimate another single number (population mean).
What do we use as a point estimate?
We use the statistic from a sample as a point estimate for a population parameter.
For a given sample statistic, what are plausible values for the population parameter? How much uncertainty surrounds the sample statistic?
It depends on how much the statistic varies from sample to sample.
What is the sampling distribution?
A hypothetical distribution. It is a probability distribution of a statistic obtained through a large number of samples drawn from a specific population.