Questions and Answers
What is the singular sense of the term 'statistics'?
Procedures used to organize and interpret observed data
In the plural sense, what do statistics refer to?
Quantitative values used to describe observed data
What is the main difference between statistics and probability?
Fully defined probability problems have unique and precise solutions, while statistics are concerned with relationships between observed segments and entire populations
What does a statistician do in the context of formatting the data?
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How does statistics relate to the entire population of interest?
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What guides a statistician in postulating a probabilistic model for the system under investigation?
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What is the main focus of statistics in the singular sense?
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What is the main focus of statistics in the plural sense?
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How does statistics differ from probability?
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What guides a statistician in postulating a probabilistic model for the system under investigation?
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What does statistics encompass in the plural sense?
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What is the primary concern of statistics as compared to probability?
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What is the main focus of descriptive statistics?
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How does inferential statistics differ from descriptive statistics?
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What does a sample statistic describe?
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What is a population parameter?
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Which aspect of statistics involves making generalizations about the population from a sample?
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What is the primary focus of descriptive statistics?
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What does inferential statistics enable us to do?
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What is a characteristic that describes a sample?
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What does inferential statistics attempt to generalize?
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What is a characteristic of the whole population called?
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Study Notes
Singular Sense of Statistics
- In the singular sense, statistics refers to the study of the collection, analysis, interpretation, presentation, and organization of data.
Plural Sense of Statistics
- In the plural sense, statistics refer to the data itself, i.e., a set of quantitative data that summarizes or describes a phenomenon.
Statistics vs. Probability
- The main difference between statistics and probability is that probability deals with chance events and their likelihood of occurrence, while statistics deals with the analysis and interpretation of data that has already occurred.
Role of a Statistician
- A statistician formats the data to extract meaningful information and draw conclusions.
Relation to Population
- Statistics relates to the entire population of interest by attempting to make inferences about the population based on a sample of data.
Guiding Principles
- A statistician is guided by the likelihood principle in postulating a probabilistic model for the system under investigation.
Focus of Statistics
- In the singular sense, the main focus of statistics is to extract meaningful information from data.
- In the plural sense, the main focus of statistics is to summarize and describe data.
Key Concerns
- The primary concern of statistics is to make inferences about the population, whereas probability focuses on the likelihood of events.
- Descriptive statistics focuses on describing the basic features of the data, while inferential statistics involves making generalizations about the population from a sample.
Descriptive vs. Inferential Statistics
- Descriptive statistics involves summarizing and describing the basic features of the data.
- Inferential statistics enables us to make generalizations about the population based on a sample of data.
Sample Statistic
- A sample statistic describes a characteristic of a sample.
Population Parameter
- A population parameter is a characteristic of the whole population.
Inferential Statistics
- Inferential statistics involves making generalizations about the population based on a sample of data, and attempts to generalize characteristics of the population.
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