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.

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