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Understanding Statistics: Key Concepts

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0% found this document useful (0 votes)
3 views1 page

Understanding Statistics: Key Concepts

Uploaded by

shoab
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

Branch of Mathematics deals with Data

Collection, Organization, Analysis,


1 Statistics Interpretation and Presentation

Example

1 Population Overall Data Population of India: 136.64 crores

Example
2 Elements
2 Sample Certain Part/Group of Data Population of Delhi: 1.9 crores

Quantitative Data Age, Height, Weight


3 Variables
Categorical Data Gender, State

Example

Data analysis done for, Total Covid test


conducted for 136.64 Crore People or
Certain Population

Collection

Organization

Classification

Includes Summarization
Descriptive Statistics Describing Collected Data
Analysis

Interpretation

Presentation

Charts

Results Graphs

Tables
3 Types
Example

Data analysis done for sample test


conducted upto now, 44 Crores gonna be
matched to the overall 136.64 crores of
Population

Comparision

Drawing conclusion based on data Estimation


collected from sample of individuals from
Inferential Statistics the whole data Includes Relationship

Hypothesis testing

Predictions

Result Probability Scores


Statistics
Example : 1,2,3,4,4,5,2,4,10,9,12,8

Mean = 1+2+3+4+4+5+2+4+10+9+12+8 / 12 =
Mean Average of all values in sample 64/12 = 5.3

1 Measures of Center Median Measure Central value of sample set Median = 5+2 / 2 = 3.5

Mode Most recurrent value in sample set Mode = 4

Example: 1 2 3 4 5 2 10 9 12 8

Range Measure of How values are spread Range = Max(data) - Min(data) = 12-1 = 11

1 Assending Order 1 2 3 4 5 8 9 10 12

5 is center
4 Descriptive Statistics Measure of Variability - Dividing into
Inter Quartile Range Quartiles Steps Median 1 2 3 4 5 8 9 10 12

3 Quartile
2
Quratile 1 2.5 4 | 5 | 8 9.5 12

IQR 3rd Quartile - 1st Quartile = 9.5 - 2.5 = 7

2 Measures of Spread

Population variance

How much Current variable differs from


Variance Expected Value - Result in Large Numbers

Sample variance

Equation

Measure of Dispersion of set of data from


Standard Deviation its Mean

It is an Inverse of Exponent

5 (5 Time Increment for Every Month)


Next Month - 5*5 = 25
1 Logarithm
We Know After Two Month - 5*5*5 = 125

If we have 125 om 5 Time increment &


Example started from 5, how much month have
taken to get this 125?

We need to Find log5 125 = 3 Years


5 Additional Concepts

log10 100 = log10 10 2 = 2log10 10 = 2(1) = 2

Maths 90 Maths 90 - 92.33 = 2.33


Science 92 Science 92 - 92.33 = 0.33
CS 95 CS 95 - 92.33 = 2.67
-------------- --------------
2 Mean Absolute Deviation Avg = 92.33 Mean Absolute Deviation = 5.33

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