Chapter_01 - Statistics Chapter 1: Statistics, Data and...

Info iconThis preview shows pages 1–8. Sign up to view the full content.

View Full Document Right Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: Statistics Chapter 1: Statistics, Data and Statistical Thinking McClave, Statistics, 11th ed. Chapter 1: Statistics, Data and Statistical Thinking 2 Where Were Going Introduction to the field of statistics How statistics applies to real-world problems Establish the link between statistics and data Differentiate between population and sample data Differentiate between descriptive and inferential statistics McClave, Statistics, 11th ed. Chapter 1: Statistics, Data and Statistical Thinking 3 1.1: The Science of Statistics Statistics is the science of data. This involves collecting, classifying, summarizing, organizing, analyzing and interpreting numerical information. McClave, Statistics, 11th ed. Chapter 1: Statistics, Data and Statistical Thinking 4 1.2: Types of Statistical Applications McClave, Statistics, 11th ed. Chapter 1: Statistics, Data and Statistical Thinking 5 1.2: Types of Statistical Applications Descriptive statistics utilizes numerical and graphical methods to look for patterns in a data set, to summarize the information revealed in a data set and to present that information in a convenient form. McClave, Statistics, 11th ed. Chapter 1: Statistics, Data and Statistical Thinking 6 1.2: Types of Statistical Applications Inferential statistics utilizes sample data to make estimates, decisions, predictions or other generalizations about a larger set of data. McClave, Statistics, 11th ed. Chapter 1: Statistics, Data and Statistical Thinking 7 1.3: Fundamental Elements of Statistics An experimental unit is an object about which we collect data....
View Full Document

This note was uploaded on 06/05/2010 for the course MBA BUS 511 taught by Professor Ahc during the Spring '10 term at North South University.

Page1 / 24

Chapter_01 - Statistics Chapter 1: Statistics, Data and...

This preview shows document pages 1 - 8. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online