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what is the difference between a study and an experiment
in an experiment a treatment is applied and the outcome is observed
in a study observations are made without the application of a treatment
two kinds of inferences and how can they be made
population inference: infer to a large population
random sampling
causal inference: the change caused by a variable
random assignment
what is a pareto chart
bar chart but ordered in decreasing frequency
what does skewness describe
where the tail of the data is
parameter vs statistic
parameter: summary measure calculated for population data
statistic: summary measure calculated for sample data
median vs mode vs mean
median: midpoint of data set (ranked in increasing or decreasing order)
→ RESISTANT to outliers
mode: the most frequent value (peak of histogram)
mean: the average
→ sensitive to outliers, usually on the tail end
what numbers are included in the 5 number summary
min
max
Q1
Q3
median
sample space (ex in a card pack)
set of all elementary outcomes
Ace of Spades
Seven of Hearts
Jack of Clubs
complement vs intersection vs union
complement: the event does NOT happen
→ Ac
→ P(Ac) = 1 - P(A)
intersection: A and B happen together
→ A ∩ B
union: A, B OR both happen
→ A ∪ B
independent vs dependent vs disjoint
independent: can occur together but don’t affect each other
dependent: can occur together and affect each other (default)
disjoint: cannot occur together