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population
is the entire collection of objects or outcomes about which information is sought
sample
is a subset of a population, containing the objects or outcomes that are actually observed
simple random sample
of a size n is a sample chosen by a method in which each collection of n population items is equally likely to make up the sample, just as in a lottery
sample of convenience
is a sample that is obtained is some conventient way, not drawn by a well-defined random method
sampling variation
a phenomenon where two different samples from the same population differ from each other
conceptual population
the sample comes from a population that consists of all the values that might have been observed
independent
knowing the values of some of the items does not help to predict the values of the others
weighted sampling
some items are given a greater chance of being selected than others (ex. more tickets in a lottery)
stratified random sampling
population is divied up into subpopulatins, and a simple random sample is drawn from each
cluster sampling
items are drawn from the population in groups or clusters
tangible
population consists of physical objects
coceptual
population consits of values from a process under identical experimental conditions
standard deviation
is a quantity that measures the degree of a spread in a sample
outlier
is an data point much larger or smaller that the others in its data set or sample
statistic
is a number that describes a sample
parameter
a numerical summary of a population
mode
most frequent value
range
difference between max and min
mean
sum divied by sample size
median
center of sorted sample
Inferential Statistics
Draw conclusions about a larger population from a sample
Statistical inference only works if the sample is representative of the population
Descriptive Statistics
Organize and summarize data
to extract information from the sample, we need to summarize the data in a meaningful way
to describe “shape and pattern” of sample data
Unconditional Probability
probability is based on the entire sample space
Conditional probability
Probability is based on a subset of the sample space
It is the probability of an event occurring given that another event has already occurred
denoted by the symbol P(A|B)=”probability of A given B”