0% found this document useful (0 votes)
9 views16 pages

Introduction To Statistics Probability

Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
Download as pdf or txt
0% found this document useful (0 votes)
9 views16 pages

Introduction To Statistics Probability

Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
Download as pdf or txt
Download as pdf or txt
You are on page 1/ 16

CORE SUBJECT

At the end of the course, the students


must know how to find the mean and
variance of a random variable, to apply
sampling techniques and distributions,
to estimate population mean and
proportion, to perform hypothesis
testing on population mean and
proportion, and to perform correlation
and regression analyses on real-life
problems.
• Random Variables and Probability Distributions
• Normal Distribution
• Sampling and Sampling Distributions

• Estimation of Parameters

• Tests of Hypothesis

• Correlation and Regression Analyses


STATISTICS
It is the science of
collecting, organizing,
analyzing and
interpreting of data.
TWO TYPES OF STATISTICS
INFERENTIAL STATISTICS:
It is about using sample data from a data set and
making inferences and conclusions using
probability theory.

DESCRIPTIVE STATISTICS:
It is used to summarize and represent the data in an
accurate way using charts, tables and graphs.
EXAMPLE: You might stand in Limketkai mall
and ask a sample of 100 people if they like
shopping at Robinsons Department store.

INFERENTIAL STATISTICS:
> around 70% - 80% of the population

DESCRIPTIVE STATISTICS:
> You can make a bar chart of yes or no answers
DESCRIPTIVE STATISTICS
The following measures are used to represent the
data set:
DESCRIPTIVE
STATISTICS

Measure of Measure of Measure of


Position Shape Spread
Probability of event to
happen P(E) = Number of
favorable outcomes/Total
Number of outcomes
Probability can range from 0 to 1, where 0
means the event to be an impossible one and 1
indicates a certain event.
The probability of all the events in a sample
space adds up to 1.

For example, when we toss a coin, either we get


Head OR Tail, only two possible outcomes are
possible (H, T). But when two coins are tossed
then there will be four possible outcomes, i.e
{(H, H), (H, T), (T, H), (T, T)}.
Possible Number
Outcomes of Heads Probability
HH 2
H,T 1
Tree
T,H 1
T,T 0
In my jar I have 6
counters. What is
the probability of
me selecting a red
counter?
𝟐
𝑷=
𝟔
In my jar I have 9
counters. What is
the probability of
me selecting a
yellow or orange
counter?
𝟒
𝑷=
𝟗
In my jar I have 8
counters. What is
the probability of
me not selecting a
red counter?

𝟔
𝑷=
𝟖
Any Questions?

You might also like