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LECTURE 1
INTRODUCTION &
DESCRIPTIVE STATISTICS I
PROBABILITY AND STATISTICS
Adapted from http://www.prenhall.com/mcclave
OUTLINE
- Introduce Course Objectives and Requirements
- Introduce Statistics and its Applications
- Describe Types of Data, Ways of Collecting Data
- Introduce Graphical Methods for Describing Data of 1 variable
COURSE OUTLINE
- Read your course outline carefully. It contains important information regarding the course schedule, assessment, etc.
- Assessment: Attendance (10%), Project (20%), Midterm (20%)
- Eligibility for final exam: follow faculty regulations
STUDY MATERIALS
Study materials: lecture notes, required readings, tutorial exercises, etc. Please note that the materials will be posted and/or updated on Google classroom. Google classroom is important for class management, notifications, handling questions, study materials, etc.
WHAT IS STATISTICS?
1. Collecting Data
2. Presenting Data
3. Characterizing Data
4. Other activities:
estimation,
hypothesis testing…
Question?
Data
Analysis
Decision-
Making
© 1984-1994 T/Maker Co. © 1984-1994 T/Maker Co.
WHAT IS STATISTICS?
- Data: facts and figures collected
- Statistics is the science of data. It involves collecting, classifying, summarizing, organizing, analyzing, and interpreting data
DESCRIPTIVE STATISTICS
1. Involves Summarizing Data Presenting Data Looking for patterns in data 2. Purpose Describe Data
X = 30.5 S
2
Source: https://chartio.com/learn/charts/grouped-bar-chart-complete-guide/
INFERENTIAL STATISTICS
- Involves Estimation Hypothesis Testing …
- Purpose Make Decisions About Population Characteristics Population?
BASIC DEFINITIONS AND
CONCEPTS
- Population: is a set of ALL units (usually people, objects, or events) that we are interested in studying Example:
- Variable: is a characteristic or property of an individual population unit. A variable can take on different values. Example:
BASIC DEFINITIONS AND
CONCEPTS (CONT.)
- Sample: is a subset of the units of a population Example:
- Measurement: assigning numbers to objects
- Observation:
DATA TYPES
- Why data types are important?
- Basic types of data: Quantitative (numerical) versus Qualitative (categorical)
- Examples
- Are there numbers that are not quantitative?
SCALES OF MEASUREMENT
Ratio
Interval
Ordinal
Nominal
Quantitative Qualitative
APPLICATION AREAS
Economics
Forecasting
Demographics
Engineering
Construction
Materials
Business
Consumer
Preferences
Financial Trends
Many other areas
Research,
Information
Technology,
Psychology, etc.
DESCRIPTIVE STATISTICS
Graphical
Methods
Numerical
Methods
Descriptive Statistics
We will now explore graphical methods