overview of statistics

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Overview of Statistics

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Overview of Statistics. Data consists of information coming from observations, counts, measurements, or responses. The singular for data is datum. Statistics is the science of collecting, organizing, analyzing, and interpreting data in order to make decisions. - PowerPoint PPT Presentation

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Page 1: Overview of Statistics

Overview of Statistics

Page 2: Overview of Statistics

Data consists of information coming from observations, counts, measurements, or responses. The singular for data is datum.

Statistics is the science of collecting, organizing, analyzing, and interpreting data in order to make decisions.

Page 3: Overview of Statistics

Population: The collection of all outcomes, responses, measurements, or counts that are of interest.

Sample: A subset of a population

Page 4: Overview of Statistics

A parameter is a numerical description of a population characteristic.

(Notice they both start with a p!)

A statistic is a numerical description of a sample characteristic.

(Notice these both start with an s!)

Page 5: Overview of Statistics

Descriptive Statistics is the branch of statistics that involves the organization, summarization, and display of data.

Inferential Statistics is the branch of statistics that involves using a sample to draw conclusions about a population. A basic tool in the study of inferential statistics is probability.