SAP Flashcards
- a branch of Mathematics dealing with the collection, analysis, interpretation, and presentation of data.
- a branch of Mathematics that provides techniques to analyze whether or not the given data is significant.
- a science that studies data and used data to find an answer or solution to a problem or inquiry.
- used in decision-making.
STATISTICS
The word statistics derived from the Latin word … means …
- status
- state of government
ordered to conduct census throughout the entire Roman Empire before the birth of Christ.
Caesar Augustus
- Father of Statistics
- British Statistician and Geneticist
“The greatest of Darwin’s successor” - He created the foundations of modern statistical science.
- Analysis of Variance (ANOVA)
Ronald Aylmer Fisher
IMPORTANCE OF STATISTICS
- it characterizes persons, objects, situations, and phenomena.
- it explains relationships among variables.
- it formulates assessments and comparisons.
- it makes evidence-based decisions and predictions.
To answer statistical questions in a way that maximizes information content and minimizes bias.
Planning and Collection of Data
Verifying the quality of data after they were collected.
Analysis of Data
Summarizing the information extracted from the data.
Interpretation of Data
Examining the summary statistics so that meaningful information can be produced to support decision-making.
Presentation of Data
- branch of mathematics that studies patterns of chances.
- is about planning experiments and comparing the number of possible outcomes to the number of outcomes you want.
- the way of expressing knowledge or belief that an event will occur on chance.
PROBABILITY
the word probability derived from Latin word … means …
- probabilis
- provable or credible
originated in the study of …
gambling and insurance in the 17th century.
- Father of Probability
- Italian Statistician
- “Very smart but weird”
He wrote a book entitled “Liber de Ludo Aleae”. - An accomplished gambler and chess player.
Girolamo Cardano
(1501 - 1576)
- French Mathematician and Lawyer - - Inspired by Game of Chance
- Gave his answers in terms of the chances.
Pierre De Fermat
- French Mathematician
- Physicist, Inventor, Philosopher, Writer, and Catholic Theologian
- Inspired by Game of Chance
- Gave his answer in terms of quantity or “expectations”
- His work became the standard in solving problems of chance in the 17th century.
Blaise Pascal