MATH 1131 Lecture Notes - Lecture 1: Statistical Inference, Statistical Unit, Descriptive Statistics
Document Summary
Statistics the science of collecting, analysing and drawing conclusions from data. Population the entire collection of individuals or objects about which information is desired is called population of interest. Sample a subset of the population selected for study in some prescribed measure. This makes it more difficult to create a stat. If there is 0 variability there will be no need to select because everyone would be the same. Allows us to distinguish between value and in value. Variable a characteristic that changes or varies over time and for different individual"s or objects under consideration. A variable can take different values for different individuals. Qualitative variable (categorical) places an individual into one of several groups or categories. Brand of a computer bought by a customer. Quantitative variable (numerical) measure a numerical quality or amount on each experimental unit. Discrete variable discrete if the possible values are isolated points on the number line.