Class Notes: Probability & Statistics
Topic 1: Probability Basics
Probability is the measure of the likelihood of an event occurring.
P(E) = Number of favorable outcomes / Total number of outcomes
Topic 2: Descriptive Statistics
Measures of central tendency: mean, median, mode.
Measures of spread: variance, standard deviation.
Topic 3: Hypothesis Testing
Hypothesis testing is a method to make inferences about population parameters using sample data.