CDE4121 Lecture Notes - Lecture 8: Negative Number, Dependent And Independent Variables, Statistical Parameter

45 views3 pages
MODULE 8: DESCRIPTIVE DATA ANALYSIS
Descriptive statistics:
Focuses on summarising data from a sample set
Method of organising, summarising and presenting data in a convenient and informative form
Uses graphical techniques to present data in an easy format for the reader to extract useful information
Uses numerical techniques to summaries data
Use of pie charts, bar graphs etc.
Inferential statistics:
Derives conclusions about the characteristics of a population, based on information taken from the sample
set Results are generalised / inferred to the population
Statistical inference is the process of making an estimate, forecast or decision about a population parameter,
based on the sample data
Can determine the reliability of the statistical inference & establish a degree of confidence (assuming the
sample has been properly chosen)
Numeric (quantitative) variables: have values that
describe a measurable quantity as a number, like "how
many" or "how much"
Continuous variable: is an observation that can take any
value between a certain set of real numbers, or a variable
that has a continuous distribution function, (i.e.
temperature, weight, height)
Discrete variable: is an observation that can take a value
based on a count from a set of distinct whole values (i.e. the number of legs of an animal, number of siblings)
Categorical variables: have values that describe a "quality" or "characteristic" of a data unit, like "what type" or
"which category" non numerical (i.e. gender, marital status)
Uni-variate statistics: analysing one variable at one time
Bi-variate statistics: analysing two variables at one time
Multi-variate statistics: analysing three+ variables at one time
Describing the data: measures of central tendency (central point of the data) and measures of variability and
dispersion (the spread of the data)
Mean (average):
the most popular and useful measure of central location
simple to calculate and interpret
unduly influenced by extreme observations, therefore the statistic can be a poor measure of central location
used with discrete and continuous data (more so continuous data)
Median:
the value that falls in the middle of an ordered set of values (smallest to largest)
odd set of measurements
take the middle number
even set of measurements
take the average of the two middle numbers
find more resources at oneclass.com
find more resources at oneclass.com
Unlock document

This preview shows page 1 of the document.
Unlock all 3 pages and 3 million more documents.

Already have an account? Log in

Get access

Grade+20% off
$8 USD/m$10 USD/m
Billed $96 USD annually
Grade+
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
40 Verified Answers
Class+
$8 USD/m
Billed $96 USD annually
Class+
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
30 Verified Answers

Related Documents