Basics of Statisitics:
The main purpose is to create relevant?
To obtain main purpose, statistics uses methods of?
Statistical Analysis?
population, sample, subject?
Population total set of entities >> Sample is a subset of population >> Subject is observed entity.
Inferential Statistics?
Inferential statistics provide a prediction about the larger population using the
sample data.
Parameters and Statistic?
Statistic is numerical summary based on sample data.
Parameters is numerical summary based on population data.
Types of a random sample?
1 type
Simple random sampling.
How to collect data from a sample?
3 methods
Probability sampling methods?
3 types
Summarizing data using Descriptive Statistics:
1) Quantitative variables are showing the number of times various outcomes occurred
2) Key features:
● The center of Data - Typical observation
● The variability of data - the spread around center