A representative subset or portion of a larger population or group.
Define Census
Case that the sample consist of the whole population.
What is a parameter?
A number that summarizes some aspect of the population as a whole.
What is the difference between Statistic and Statistics?
Statistic - number computed from the sampledata
Statistics - collection of methods and principles used to work with data.
What is a Descriptive Statistics?
describe the main features of a dataset.
What is Inferential Statistics?
Inferential Statistics is the branch of statistics that involves making inferences or predictions about a population based on sample data.
Difference between Qualitative and Quantitative Data
Qualitative - Subjective, study about the behavior
Quantitative - Objective, numbers
What is the importance of Statistics?
Organize numerical information, Understand techniques that leads to decisions, and make informed informations.
What is a Statistical Inquiry?
used to carry out investigations
What are the Steps in Conducting a Statistical Inquiry?
1 - Identify the Question (Problem)
2 - Designing a Study (Plan)
3 - Collecting Data (Data)
4 - Analyze the Data (Analysis)
5 - Make a conclusion and discuss limitations (Conclusions)
What are the questions to be asked in Step 1?
-What is the question?
-Is it possible to answer the questions with statistics?
-Is the data obtainable?
-Is it Ethical to obtain such Data?
-If not, is there a reasonable substitute?
-Are the assumptions reasonable?
What is the Step 2 of Conducting A Statistical Inquiry all about?
How the data will be gathered.
What are the steps in Designing a study plan?
1.Identify the Population interest
2.Survey (Sample techniques & Sources of Bias)
3. Observational Studies
4. Designing on an Experiment
5.EDA - Exploratory Data Analysis
6. Pilot Study
What are the things to be identified when collecting a data?
Variables
Types of Variables (Qualitative or Quantitative)
Limits of measurement or observation
In analyzing a data, what are the things to look out for?
Proper procedures and techniques
Check the assumptions behind the procedures and techniques
What are the questions to answer on Step 5?
-What are the answers to the original hypothesis?
-What are the limitations of the study?
-What conclusions does the study not make?
-What new questions arise from the study?
What does it mean when it says, independent variable?
The independent variable is the variable that is manipulated or changed by the researcher in an experiment.
What is dependent variable?
The variable that is being measured or observed in an experiment.
You work for a human resources consulting firm, and a client has approached you with concerns about employee job satisfaction within their organization.
The client is interested in identifying the key factors that contribute to job satisfaction among their employees.
To investigate these factors, you need to design a study.
The study should determine the dependent and independent variables.
The independent variables in the study include Work-Life Balance, Job Security, and Relationship with Colleagues.
Work-Life Balance in the study is classified into three levels: Poor Work-Life Balance, Moderate Work-Life Balance, and Excellent Work-Life Balance.
Job Security in the study is classified into three levels: Low Job Security, Moderate Job Security, and High Job Security.
Relationship with Colleagues in the study is classified into three levels: Poor Relationships, Moderate Relationships, and Strong Relationships.
The dependent variable in the study is Employee Job Satisfaction, which is also classified into three levels: Low Job Satisfaction, Moderate Job Satisfaction, and High Job Satisfaction.
It is the method in which summarize, organize, and communicate information using variety of tools such as diagrams, charts, etc.
Presentation of Data
What are the various mode of data presentation?
Textual, tabular, graphical
It is presented in the form of text, phrases, or paragraphs. Mostly can be found in newspaper reports.
Textual
It is more reliable and effective way of showing relationships or comparison of data using tables.
Tabular
What must be accompanied in a tabular data?
short narrative
What is a Frequency Distribution Table?
It shows the data arrange in different classes and frequencies.
What are the Types of FDT?
Ungrouped Data and Grouped Data
What is Ungrouped Data
What is Grouped Data?
Organized and arrange into different categories
What are the things to remember in making a Grouped Data? Explain each.
-Lower Class Limits
-Upper Class Limits
-Class Boundaries
-Class Midpoints
-Class Width
It is the most effective way of presenting data.
Graphical
What is the advantage of Graphical?
Can easily attract the attention as well as the interest of the reader.