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Introduction to Statistics Concepts

Chapter 1 of MATH 264 introduces the importance of statistics in decision-making, emphasizing that decisions are often made with incomplete information. Key definitions such as population, sample, parameter, statistic, and the differences between descriptive and inferential statistics are explained. The chapter also covers random sampling, types of data, and levels of measurement, providing a foundation for understanding statistical analysis.

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0% found this document useful (0 votes)
49 views17 pages

Introduction to Statistics Concepts

Chapter 1 of MATH 264 introduces the importance of statistics in decision-making, emphasizing that decisions are often made with incomplete information. Key definitions such as population, sample, parameter, statistic, and the differences between descriptive and inferential statistics are explained. The chapter also covers random sampling, types of data, and levels of measurement, providing a foundation for understanding statistical analysis.

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İlayda doğan
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We take content rights seriously. If you suspect this is your content, claim it here.
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MATH 264

Statistics for
Social Sciences

Chapter 1

Why Study Statistics?


Chapter Goals
After completing this chapter, you should be
able to:
 Explain how decisions are often based on incomplete
information
 Explain key definitions:
 Population vs. Sample
 Parameter vs. Statistic
 Descriptive vs. Inferential Statistics
 Describe random sampling
 Explain the difference between Descriptive and
Inferential statistics
 Identify types of data and levels of measurement
Dealing with Uncertainty

Everyday decisions are based on incomplete


information

Consider:

 Number of refugees will be higher in six months than


it is now.

 If the goverment budget deficit is as high as


predicted, interest rates will remain high for the rest of
the year.
Dealing with Uncertainty
(continued)

Because of uncertainty, the statements


should be modified:

 Number of refugees is likely to be higher in six


months than it is now.

 If the government budget deficit is as high as


predicted, it is probable that interest rates will remain
high for the rest of the year.
Key Definitions

 A population is the collection of all items of interest or


under investigation
 N represents the population size
 A sample is an observed subset of the population
 n represents the sample size

 A parameter is a specific characteristic of a population


 A statistic is a specific characteristic of a sample
Population vs. Sample

Population Sample

a b cd b c
ef gh i jk l m n gi n
o p q rs t u v w o r u
x y z y

Values calculated using Values computed from


population data are called sample data are called
parameters statistics
Examples of Populations

 Names of all registered voters in Turkey


 Incomes of all families living in Ankara
 Annual returns of all stocks traded on the
İstanbul Stock Exchange
 Grade point averages of all the students in your
university
Random Sampling

Simple random sampling is a procedure in which

 each member of the population is chosen strictly by


chance,
 each member of the population is equally likely to be
chosen,
and
 every possible sample of n objects is equally likely to
be chosen

The resulting sample is called a random sample


Descriptive and Inferential Statistics

Two branches of statistics:


 Descriptive statistics
 Collecting, summarizing, and processing data to
transform data into information

 Inferential statistics
 provide the bases for predictions, forecasts, and
estimates that are used to transform information into
knowledge
Descriptive Statistics

 Collect data
 e.g., Survey

 Present data
 e.g., Tables and graphs

 Summarize data
 e.g., Sample mean =
 X i

n
Inferential Statistics
 Estimation
 e.g., Estimate the population
mean weight using the sample
mean weight
 Hypothesis testing
 e.g., Test the claim that the
population mean weight is 120
pounds

Inference is the process of drawing conclusions or


making decisions about a population based on
sample results
The Decision Making Process
Decision

Knowledge
Experience, Theory,
Literature, Inferential
Statistics, Computers
Information
Descriptive Statistics,
Begin Here: Probability, Computers
Data
Identify the
Problem
DATA

Definition: Data is a specific observation of


measured numbers
Data Classification

 Acording to type

 According to level of information (measurement scale)


Types of Data

Data

Categorical Numerical

Examples:
 Marital Status
 Are you registered to Discrete Continuous
vote?
 Eye Color Examples: Examples:
 Opinion ranks  Number of Children  Weight
(Defined categories or  Defects per hour  Voltage
groups) (Counted items) (Measured characteristics)
Measurement Levels
Differences between
measurements, true Ratio Data
zero exists
Quantitative Data

Differences between
measurements but no Interval Data
true zero

Ordered Categories
(rankings, order, or Ordinal Data
scaling)
Qualitative Data

Categories (no
ordering or direction) Nominal Data
Chapter Summary
 Reviewed incomplete information in decision
making
 Introduced key definitions:
 Population vs. Sample
 Parameter vs. Statistic
 Descriptive vs. Inferential statistics
 Described random sampling
 Examined the decision making process
 Identify types of data and levels of measurement

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