Statistics - derived from Latin statisticum collegium (“council of state”)
Statistics - derived from Italian word statista (“statesman” or “politician”)
Al-Kindi (801-873 A.D.) wrote “Manuscript on Deciphering Cryptographic Messages” which showed how to use frequency analysis to decipher encrypted messages.
John Graunt in Natural and Political Observations Made Upon the Bills of Mortality estimated the population of London in 1662 a
Median - Originated in Edward Wright’s 1599 book, Certain Errors in Navigation, concerning the determination of a location with a compass.
Further advocated by Ruder Boskovic in his 1755 book on the shape of the earth, in which he showed that the median minimizes the sum of absolute deviations.
The term “median” was coined by Galton in 1881.
The mean of two numbers was a well-known concept to the ancient Greeks
Mean - Shown to minimize the sum of squared deviations by Thomas Simpson in 1755
Jacob Bernoulli (1654-1705) who began probability
De Moivre (1667-1754) refined Bernoulli’s bound and stumbled upon a discrete version of the normal curve as an approx- imation to binomial probabilities.
In 1755 Thomas Simpson introduced the notion of error curves, including what are now called probability density functions. His pdf of choice was triangular
Others proposed error curves of different shapes: semicircular (Lambert ), exponential (Laplace ), parabolic (Lagrange ), normal (Laplace , although it was not called the normal distribution until 1873).
STATISTICS is a branch of mathematics that examines and investigates ways to process and analyze the data gathered
Statistics provides procedure in data collection, presentation, organization, and interpretation to have a meaningful idea that is useful to business decisionmakers.
Applications of statistics: education, government, business and economics, medicine and science, psychology, sociology and population dynamics statistics, and sports statistics
Division of statistics: descriptive statistics and inferential statistics
Descriptive Statistics - the totality of methods and treatments employed in the collection, description, and analysis of numerical data
Descriptive Statistics - purpose is to tell something about the particular group of observation.
DESCRIPTIVE STATISTICS - statistical information usually arises from samples, and that its analysis will require generalizations which go beyond the data.
types of DESCRIPTIVE STATISTICS: Measure of Central Tendency and measure of variability
types of Measure of Central Tendency: mean, median, mode
Measure of Central Tendency or Position or Location - a single figure which is representative of the general level of magnitudes or values of the items in a set of data
Measure of Central Tendency or Position or Location - a measure that determines where the group tends to cluster or to center
Measure of Central Tendency or Position or Location - a single value which best represents the entire group.
Mean (Me) - is an arithmetic average of all the scores in a distribution
Mean (Me) - is the most stable, sensitive, consistent and reliable measuring instrument.
Mode (Mo) - is the most frequent score
Median (Md) - is the central value that divides the ordered data collection into two equal parts
Median (Md) - is the value of the middle term after arranging the data in ascending or descending order.
Measure of Variability - a measure which aids the statisticians in making comparisons
Measure of Variability - is a measure which describes how far away from the mean is the score.
types of measure of variability: standard deviation, variance, range
Standard Deviation - is a measure of the distance from the observations in a data collection to the middle of that collection.
Standard Deviation - describes or shows how far above or below is a score from the mean
Variance - is the same as the standard deviation except that the square root is not taken.
Range - is the distance between the highest and lowest score in a array of data.
population - consists of all the members of the group about which you want to draw a conclusion
sample - a portion, or part, of the population of interest selected for analysis.
Inferential Statistics - the logical process from sample analysis to a generalization or conclusion about a population.