Statistical Concepts Overview

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Representative Sample

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43 Terms

1

Representative Sample

Ensures findings can be generalized to a larger population accurately

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2

Statistical Thinking

Using data to make informed decisions and draw conclusions

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3

Availability Heuristic

Assessing likelihood based on ease of recall

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4

Deciding

Making informed choices in data analysis

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5

Describing

Providing concise summaries and insights about data

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6

Predicting

Anticipating future outcomes based on past data

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7

Causality

Determining cause-and-effect relationships between variables

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8

Aggregation

Summarizing and simplifying large datasets for analysis

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9

Qualitative

Non-numeric information describing qualities of a subject

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10

Quantitative

Numerical information analyzed mathematically

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11

Binary

Data system with two possible values, typically 0 and 1

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12

Ratio

Expresses relationship between quantities as a fraction

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13

Integers

Whole numbers representing counts in a dataset

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14

Discrete Measurements

Data with specific, distinct values, often whole numbers

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15

Continuous Measurements

Variables with infinite values within a range

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16

Reliability

Consistency of measurements

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17

Validity

Ensuring measurements reflect the intended construct

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18

Face Validity

Assessing if a measurement makes sense intuitively

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19

Construct Validity

Checking if a measurement relates to others appropriately

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20

Predictive Validity

Valid measurements should predict outcomes

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21

Absolute Frequency

Number of times a value occurs in a dataset

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22

Relative Frequency

Frequency divided by sum of all frequencies

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23

Frequency Distribution

Shows frequency of possible values in a sample

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24

Chart Junk

Unnecessary elements in graphs distracting from data

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25

Colorblindness

A human limitation affecting data visualization

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26

Data Visualization

Presenting data visually for easier comprehension

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27

Cause and Effort

Sources of data: Rules of the World and Error

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28

Mean

Describes central tendency of a dataset

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29

Median

Summarizes data less sensitive to outliers

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30

Mode

Describes central tendency of non-numeric datasets

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31

Variability

Measures dispersion within a dataset

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32

Z Scores

Number of standard deviations from the mean

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33

Probability Calculation

Determining likelihood based on actual or perceived outcomes

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34

Personal Belief

Trust in statistical findings and methodologies

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35

Empirical Frequencies

Observed frequencies in a dataset

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36

Classic Probability

Calculating probabilities based on equally likely outcomes

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37

Conditional Probability

Likelihood of an event given another has occurred

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38

Bayes Rule

Formula updating probability based on new evidence

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39

Standard Error of the Mean

Variability of sample means around the population mean

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40

Central Limit Theorem

Sample mean distribution approaches normal with increasing sample size

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41

Population

Entire group of individuals, items, or events under study

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42

Sample

Subset used to draw conclusions about a larger population

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43

Sample Statistics

Numerical insights into population characteristics from a sample

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