OBJECTIVES
Demonstrate knowledge of statistical terms. Differentiate between the two branches of statistics. Identify types of data. Identify the measurement level for each variable. Identify the four basic sampling techniques. Explain the difference between an observational and an experimental study. Explain how statistics can be used and misused. Explain the importance of computers and calculators in statistics.

Statistics is the science of conducting studies to collect, organize, summarize, analyze, and draw conclusions from data. Descriptive statistics consists of the collection, organization, summarization, and presentation of data. Inferential statistics consists of generalizing from samples to populations, performing estimations hypothesis testing, determining relationships among variables, and making predictions. (Probability, Hypothesis testing, relationships between variables, predictions) Probability is the chance of an event occurring. A population consists of all subjects that are being studied. A sample is a group of subjects selected from a population.

Variables and Types of Data
In order to gain knowledge about seemingly haphazard events, statisticians collect information for variables that describe the events. A variable is a characteristic or attribute that can assume different values. Data are the values that variables can assume. A data set is a collection of data values. Each value in the data set is called a data value or a datum. Random variables have values that are determined by chance.

1

M227

Chapter 1 Nature of Probability and Statistics

Qualitative variables can be placed into distinct categories according to some characteristic or attribute. Quantitative variables are numerical in nature and can be ordered or ranked. Quantitative variables can be further classified into two groups. o Discrete variables assume values that can be counted. o Continuous...

...University of Perpetual Help System Dalta Molino Campus
Molino III, Bacoor City
Probability and Statistics
LAGERA, Einar John A.
Table of Contents
Simple Correlation Analysis ................................................................................................. 1
Introduction .................................................................................................................................................................. 1...

...Chapter 1
The Problem and Its Background
Introduction
Changes are permanent thing on earth. Are the people is ready enough to accept the changes on the educational system? The current opening of classes here in the Philippines usually starts from June to March but our lawmakers want to amend the opening of classes. The existing school calendar which spans from June to March is often disrupted as destructive typhoons plague the region during the rainy season that’s why our lawmakers...

...summarise the information in data sets, also known as
descriptive statistics. It includes graphical and tabular summaries, as well as summary measures
such as means, medians and standard deviations.
Uncertainty is a key aspect of most business problems. To deal with uncertainty, we need a basic
understanding of probability. Chapter 2 covers basic rules of probability and in Chapter 3 we
discuss the important concept of probability...

...fundamentally amalgamated into scopes of miscalculations, randomized sampling as well as certainty periods. Such thoughts like these are statistical by nature without us even realizing it. To further explain statistics, it is a discipline that is made up regarding certain factors that involve things like deductive reasoning; granted, Science is practically statistics in and of itself through fabricating experimentations that require data collectivity,...

...Technology & Science, Pilani
Work-Integrated Learning Programmes Division
Second Semester 2010-2011
Course Handout
Course Number
Course Title
: AAOC ZC111
: Probability and Statistics
Course E-mail address : aaoczc111@dlpd.bits-pilani.ac.in
Course Description
Probability spaces; conditional probability and independence; random variables and probability
distributions; marginal and conditional distributions; independent...

...plagiarism (copying) or any other attempt to gain an academic advantage in a dishonest or unfair manner. Breaches of the Academic Honesty Policy will result in dismissal from HCT
Project Objectives:
To estimate the population parameters from sample statistics, using interval estimate (90%, 95% and 99% levels).
The project consists of three parts as listed below. You should carefully read the instructions. This project is Group based (2 – 3) and each Group will have...

...Statistics is the study of the collection, organization, analysis, interpretation and presentation of data. It deals with all aspects of data including the planning of data collection in terms of the design of surveys and experiments.
Descriptive statistics is the discipline of quantitatively describing the main features of a collection of information, or the quantitative description itself. Descriptive statistics are distinguished...

...Concepts
1. What is Inferential statistics?
Inferential statistics uses observations of past occurrences or available data i.e. descriptive statistics to make decisions about future possibilities and/or the nature of the entire body of data. Inferential statistics draws conclusions or makes interpretations, predictions and inferences about a population based upon an analysis of a sample.
2. Give 2 different...

1581 Words |
5 Pages

Share this Document

Let your classmates know about this document and more at StudyMode.com

{"hostname":"studymode.com","essaysImgCdnUrl":"\/\/images-study.netdna-ssl.com\/pi\/","useDefaultThumbs":true,"defaultThumbImgs":["\/\/stm-study.netdna-ssl.com\/stm\/images\/placeholders\/default_paper_1.png","\/\/stm-study.netdna-ssl.com\/stm\/images\/placeholders\/default_paper_2.png","\/\/stm-study.netdna-ssl.com\/stm\/images\/placeholders\/default_paper_3.png","\/\/stm-study.netdna-ssl.com\/stm\/images\/placeholders\/default_paper_4.png","\/\/stm-study.netdna-ssl.com\/stm\/images\/placeholders\/default_paper_5.png"],"thumb_default_size":"160x220","thumb_ac_size":"80x110","isPayOrJoin":false,"essayUpload":false,"site_id":1,"autoComplete":false,"isPremiumCountry":false,"userCountryCode":"US","logPixelPath":"\/\/www.smhpix.com\/pixel.gif","tracking_url":"\/\/www.smhpix.com\/pixel.gif","essay":{"essayId":35507821,"categoryName":"Periodicals","categoryParentId":"17","currentPage":1,"format":"text","pageMeta":{"text":{"startPage":1,"endPage":4,"pageRange":"1-4","totalPages":4}},"access":"premium","title":"Nature of Probability and Statistics","additionalIds":[5,7,93,79],"additional":["Computer Science","Education","Education\/Greek System","Computer Science\/Software Development"],"loadedPages":{"html":[],"text":[1,2,3,4]}},"user":null,"canonicalUrl":"http:\/\/www.studymode.com\/essays\/Nature-Of-Probability-And-Statistics-912614.html","pagesPerLoad":50,"userType":"member_guest","ct":10,"ndocs":"1,500,000","pdocs":"6,000","cc":"10_PERCENT_1MO_AND_6MO","signUpUrl":"https:\/\/www.studymode.com\/signup\/","joinUrl":"https:\/\/www.studymode.com\/join","payPlanUrl":"\/checkout\/pay\/100241","upgradeUrl":"\/checkout\/upgrade","freeTrialUrl":"https:\/\/www.studymode.com\/signup\/?redirectUrl=https%3A%2F%2Fwww.studymode.com%2Fcheckout%2Fpay%2Ffree-trial\u0026bypassPaymentPage=1","showModal":"get-access","showModalUrl":"https:\/\/www.studymode.com\/signup\/?redirectUrl=https%3A%2F%2Fwww.studymode.com%2Fjoin","joinFreeUrl":"\/essays\/?newuser=1","siteId":1,"facebook":{"clientId":"306058689489023","version":"v2.2","language":"en_US"},"analytics":{"googleId":"UA-32718321-1"}}

## Share this Document

Let your classmates know about this document and more at StudyMode.com