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Statistics – the art and science of collecting, analyzing, presenting and interpreting
data
Data – the facts and figures collected, analyzed and summarized for presentation
and interpretation
Data Set – all the data collected in a particular study
Elements – the entities on which data are collected
Variable – characteristic of interest for the elements
Observation – the set of measurements obtained for a particular element
Scales Of Measurements
-Nominal Scale
-Ordinal Scale
-Interval Scale
-Ratio Scale
Categorical Data
Quantitative Data
Categorical Variable
Quantitative Variable
Cross Sectional Data – are data collected at the same (or approximately) point in
time.
Time Series Data – are data collected over several time periods.
Types of Data
-Primary
-Secondary
Frequency Distribution
-Relative
-Percent
Qualitative Data
Bar Graph
Pie Chart
Quantitative Data
Dot Plot
Histogram
Ogive
Exploratory Data Analysis
Stem and Leaf Display
Two Variables
Cross Tabulation
Scatter Diagram
Chapter 3: Descriptive Statistics Numerical Method
Measures of Location
Mean – Average
Median – Middle Location
Mode – most number of occurrences
Percentile – I = (p/100)/n
Quartile – 1st = 25% 2nd = 50% 3rd = 75%
Measures of Variability
Range = Largest Value – Smallest Value
Interquartile Range = Third Quartile – Second Quartile
Variance - s2=∑(xi−x)2
n−1
Standard Deviation – s = √𝑠 2
Coefficient of Variation – (s/mean)(100)
Detecting Outliers
Exploratory Data Analysis
-Five number Summary
*Smallest Value
*First Quartile
*Median
*Third Quartile
*Largest Value
Box Plot
Upper Limit: Q3 + 1.5(IQR) =
Lower Limit: Q1 - 1.5(IQR) =
Combination – No Order
Permutation - Has Order
Complement of an Event
Union of two Events – “or”
Intersection of two Events – “and”
Mutually Exclusive Events -
Independent Events
-Two events A and B are independent if
P (A B) = P (A)
or
P (B A) = P (B)
Multiplication Law
• P (A B) = P (A) P (B)
Sxi
x=
n
S(xi - x)2
s= (Sci Cal short cut)
n -1
x
p=
n
Finite Infinite
Ox N -n s s
N -1 n n
Op N -n p(1- p) p(1- p)
N -1 n n
t x μ
s
n
or find in table using these info.
d.f. = n-1
c = confidence level
pˆ x
n
then find error
E z c pq
ˆ ˆ.
n
then find interval answer
pˆ E p pˆ E