Week 1 - basic definitions & concepts Flashcards
What is statistics?
Statistics is a science of data. This involves,
- collecting
- classifying
- summarizing (mean/median/variance/quantiles)
- organizing
- analyzing
- interpreting data
- What are the two main types of statistics?
- Describe them briefly
1) Descriptive statistics - uses numerical and graphical methods to identify pattern in a dataset, to present the information in a convenient form.
2) Inferential statistics - uses a sample data set to make predictions, estimates, decisions and generalizations on a larger set of data.
What is an experimental unit?
An object about which we collect data.
1) What is a population?
2) What is a sample
1) A set of measurements corresponding to the whole collection of experimental units about which you want to draw conclusions.
2) A subset of a population
What is a census?
Examining every experimental unit in a population.
What is a variable?
A characteristic or property of an experimental unit.
What are the 2 types of variables? Explain briefly
1) Discrete variables - has a countable number of distinct possible values
2) Continuous variables - a variable can take any value between its min and max values.