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17 Cards in this Set
- Front
- Back
What is statistics? |
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Why do we need Statistical Theory? |
Because we rely on data to make decisions and draw conclusions. |
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What fields/applications use statistics? |
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Group of individuals we want to describe? |
Population or target population |
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What are the characteristics recorded for each individual case called? |
Variables |
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What are summaries of the population called? |
Parameters |
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How much could a U of A CompSci grad expect to earn five years after graduation? |
Population: U of A CompSci grads Variable: salary Parameter: The average salary of CompSci grads five years after graduation |
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Is a new migraine drug more effective than an existing drug? |
Population: migraine sufferers Variable(s): measure of pain relief, whether or not drug worked in a particular time frame Parameters: some measure for the difference in average pain relief between the two drugs, the difference in the probability of drugs working in a particular time frame |
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What proportion of voters will vote for a particular political candidate? |
Population: eligible voters Variable: whether or not a voter will vote for this candidate Parameter: The proportion of voters that will vote for this candidate |
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How do we find the value of a parameter? |
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Statistical Inference? |
The theory of generalizing a relatively small amount of information from a small group (called a sample) to a much larger group (the population). |
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Population? |
The set of objects or individuals in which we are interested |
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Parameter? |
A number that describes a characteristic of the population (often unknown) |
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Sample? |
A subset of individuals from a population |
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Statistic |
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What are data? |
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Process of making a data-driven decision? |
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