STAB22H3 Lecture : STAB22 CHAPTER COMPILATION

• School: UTSC
• Department: Statistics
• Course: STAB22H3
• Professor: Ken Butler

Document Summary

Statistics helps us to see the world more clearly & accurately. Way of reasoning that uses collection of tools & methods to help comprehend the world. Ups - collects data for every package it ships & delivers and puts it all. = values, but it takes into acc"t the context they came in. Very conspicuous to see ppl collecting data from us, about us together in a large database. Helps w/ making sense of the complicated world we live in looking into. #customers likely to respond to sale in mall. Ex. by evaluating risk of gm foods that canadian food inspection agency is. Ex. by evaluating safety & effectiveness of new drugs sent for approval to. What is measured and is observed, it is done. Statistics is about variation (b/c humans are not perfect) Statistics helps us to work with this variation by: => by doing this, can see thro it, thereby deciphering the underlying truths & patterns.