Observation- Anything that can be measured or observed is called an observation
Data- Numbers or measurements that are collected as a result of an observation Population- A population is the set of all units in a particular study Sample- A sample is a subset of data selected from the population Parameter- is a value associated with a population Statistic- is a value computed from a sample Statistics- is the science of collecting, organizing, presenting, analysing and interpreting data to assist in making more effective decisions Characteristics of Statistics- o Aggregate of facts o Numerically expressed o Standard of accuracy o Collected in a systematic manner o Must be comparable to each other Variable- a quantity that keeps on changing Constant- a quantity that remains the same Quantitative Data- are observations measured on a numerical scale Qualitative Data- are observations that are non-numerical Discrete Data- Data whose possible values are countable Continuous Data- Data whose possible values are uncountable Primary Data- are those data which are collected for the first time and are original in character Secondary Data- Are those data which are already collected and compiled by another source. Mean- The mean of a set of data is found by adding up all the observations and dividing by the total number of observations Weighted Mean- The mean for a set of data obtained by assigning each data value a weight that reflects its relative importance within the set Grouped Data- Data available in class intervals and summarized in form of a frequency distribution Class Limits- the smallest and largest values in any given class are its class limits Class Boundaries- The class boundaries are obtained by increasing the upper class and decreasing the lower class limits by the same amount so that there are no more gaps Class Width- is the difference between two consecutive lower class limits or between the upper and lower class boundaries of any class Class Midpoint- the point in each class that is halfway between the lower and upper class limits is called class midpoint. Formulas o How to Make a Frequency Distrubtion: 1. Find the range first Range = Xm-Xo (m=maximum number/o= minimum number) 2. Number of Classes: (Represented By K) K=1+3.22log(n) where n is the total number of units in the set 3. Class Interval: (represented by H) H= Range/No of Classes 4. Class Boundary 5. Cumulative Frequency
Class Tally Frequency Class Cumulative
Boundary Frequency (Only if (only if question asks question asks for it) for it) Inclusive Classification: 55-57, 58-60, 61-62 Exclusive Classification: 55-57, 57-59, 59-61 (if one of the units is 57, then it is excluded from the class 55-57 and put in class 57-59