Module3-Statistical Reasoning for Everyday Life
MODULE THREE: STATISTICAL REASONING IN EVERYDAY LIFE
Instructor: Dr. Erica Gelven - PSY1101
STATISTICAL LITERACY
Definition: Statistics is using mathematical methods to understand numerical information (data).
DESCRIPTIVE STATISTICS
Purpose: Utilizing statistical methods to provide a simple summary of data.
MEASURES OF CENTRAL TENDENCY
Definitions:
Mode:
Most frequent data point.
Unaffected by extreme values, useful for qualitative data.
May have more than one value (multimodal).
Median:
The value that divides ranked data points into halves, where 50% of the data is larger and 50% smaller.
May not exist as a data point in the set.
Influenced by the position of items, but not their value.
Mean:
Calculated as ( X = \frac{Σx}{N} ) where ( Σx ) is the sum of all data points and ( N ) is the number of data points.
The most stable measure of central tendency.
Sensitive to extreme values and may not exist as a data point.
MEASURES OF VARIATION
Range:
Difference between the highest and lowest values in the data set.
Standard Deviation:
Measures the variation or dispersion of the data around the mean.
Normal Curve:
Bell-shaped curve that represents the distribution of a dataset.
AGE OF NOBEL PRIZE WINNERS
Statistics:
Sample data on Age (e.g., 200, 1.35, 150, 125, 100, 75, 50)
Range: Difference between the maximum and minimum age of winners.
INFERENTIAL STATISTICS
Definition: Using statistical methods to interpret data meaningfully.
STATISTICAL SIGNIFICANCE
Description: A statistical statement reflecting how likely it is that a result occurred by chance.