Business Analytics: Unit 1: Descriptive Statistics and Mathematical Foundations Kaplan University March 23‚ 2014 Descriptive Statistics and Mathematical Foundations Part I: Pie Chart & Bar Graph This information regards T-100 Domestic Market’s boarding information during the previous year for the top seven airlines in the United Sates. According to the data Southwest Airlines boarded 81.1 million; Delta Airlines‚ 79.4 million; American Airlines‚ 72.6 million; United Airlines‚ 56.3 million;
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Mathematics COURSE INFORMATION SHEET |Course Code |MTHS002 | |Course Title |Descriptive and Inferential Statistics | |Prerequisite |MTHS001 (College Algebra) | |Credit/No. of Units |3 units
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Scatterplots 4 Pearson’s Correlation 4 Spearman’s Rho 4 Probability 4 Binomial Distribution 4 Assumptions: 5 Subjective Probability 5 Normal Distribution 5 Standard Normal Distribution 5 Sampling Distribution 5 Standard Error of Statistic 5 Central Limit Theorem 5 Area under the Sampling Distribution of the Mean 6 Sampling Distribution‚ Difference between Independent means 6 Sampling Distribution of a Linear Combination of Means 6 Sampling Distribution of Pearson’s R 7
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vital statistics of populations studied probability through games of chance‚ gambling | 18th Century | Laplace‚ Gauss | normal curve‚ regression through study of astronomy | 19th Century | Quetelet Galton | astronomer who first applied statistical analyses to human biologystudied genetic variation in humans(used regression and correlation) | 20th Century (early) | PearsonGossett (Student) Fisher | studied natural selection using correlation‚ formed first academic department of statistics‚ Biometrika
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Lecture 1. Descriptive statistics includes statistical procedures that we use to describe the population we are studying. The data could be collected from either a sample or a population‚ but the results help us organize and describe data. Descriptive statistics can only be used to describe the group that is being studying. That is‚ the results cannot be generalized to any larger group. Inferential statistics is concerned with making predictions or inferences about a population from observations
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s Name (Print): Student ID No.: Session Number: _______________________ The following question will appear on your final exam. If you mark the box with either a or ‚ your midterm score will not be used in grade calculation. If the box is left blank‚ midterm score will be counted. EXAM Rules: This is an open-book‚ open-notes exam. Please leave your cell phone in your locker during the final exam on 10/10 (11am-3pm). PART
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that it can be easily interpreted universally. The scale is chosen depending on the information that the data is intending to represent. The four scales of measurement of data are nominal‚ ordinal‚ interval‚ and ratio. Each plays a different‚ yet very important role in the world of statistic a) Nominal scale Is the lowest level in scales of measurement? Is a way of grouping behavior‚ where actual numbers are simply labels or identifiers. -they do not put subjects in any particular order:
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STATISTICS HIGHER SECONDARY – FIRST YEAR Untouchability is a sin Untouchability is a crime Untouchability is inhuman TAMILNADU TEXTBOOK CORPORATION College Road ‚ Chennai- 600 006 i ©Government of Tamilnadu First Edition – 2004 Reprinit - 2005 Chairperson Dr. J. Jothikumar Reader in Statistics Presidency College Chennai – 600 005. Thiru K.Nagabushanam S.G.Lecturer in Statistics Presidency College Chennai – 600 005. Reviewers Thiru R.Ravanan S.G.Lecturer in Statistics Presidency
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Ch11 case Golf 1. is mean driving distances of current balls is mean driving distances of new balls is mean driving distances of sampled current balls is mean driving distances of sampled new balls Use the test statistics and normal distribution table to get p-value. If p-value is smaller than‚ then we reject H0‚ which means the mean driving distances of current balls and new balls are different. 2. From the t distribution table we find that p-value is between 0.05 and 0
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Chapter 2 Charts and Graphs Statistics is the science of data. A first step in the study of statistics is the examination of data. Chapters 2 and 3 present several techniques for reducing data so that it is more manageable. In addition‚ graphic displays are essential to understand and interpret complex sets of data in order to be able to make business decisions easier. Chapter 2 discusses and displays several graphical tools including the histogram‚ frequency polygon‚ ogive‚ dot plot‚ bar
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