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ISU STAT 401 - Lecture1

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Stat 401 B – Lecture 111First DayData Sheet – fill out and bring to lab tomorrowSyllabus – go over2The Big PictureWhat is statistics all about?3The Big PictureStatistics is about variability!Recognizing variability.Quantifying variability.Explaining variability.Stat 401 B – Lecture 124Statistical ThinkingAn appreciation of uncertainty and variability and their impact on decision making.Using the scientific method when approaching issues and problems.5Statistical ThinkingStarts with a question –Did cars and trucks made in 2004 meet the Corporate Average Fuel Economy (CAFE) standard?6Statistical ThinkingWhat data would help us answer this question?Stat 401 B – Lecture 137Population – all items of interest.Example: All vehicles madeIn 2004.Parameter – numerical summary of the entire population.Example: population meanfuel economy (MPG).Sample –afew items from the population.Example: 36vehicles.Statistic – numericalsummary of the sample.Example: sample meanfuel economy (MPG).8SamplingRandom selection from the population of interest.The lab tomorrow will look at what happens with “purposeful” sampling and random sampling.9A Word of CautionStatistical methods are very good at quantifying uncertainty introduced by random sampling.Statistics doesn’t help much if the population changes with time.Stat 401 B – Lecture 1410Political Opinion Poll1000 randomly selected likely voters are asked –“If the election were held today, for whom would you vote for President?11Political Opinion PollThe sample proportion indicating they would vote for McCain or Obama is a pretty good indication (within 3 percentage points) of the true proportion of the population of likely voters.12Political Opinion PollDoes that mean a poll taken today will predict the outcome in


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ISU STAT 401 - Lecture1

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