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Sample
a representation to the target population.
Populations
the entire collection of individuals or units that a researcher is interested in
parameter
a quantity describing a population. constant and unknown
random sample
should be accurate and precise
accurate
unbiased
precise
precise
convience bias
collects items only be convience
volunteer bias
behavior/opinions affects whether they are sampled
Categorical
qualitative variable
nomial
variety -no order
ordinal
categories have an inherent order
Numerical
quantitative value
discrete
whole numbers
continuous
can be any measurement
response
are considered outcomes -dependent
explanatory
thought to potentially affect outcomes -independent
IQR
the inter quartile range= a range between the 1st and 3rd quartiles
mean
is more sensitive to extreme values
median
more resistant to extremes. Used as middle value of boxplot
standard deviation
the square root of sample variance
sample variance
the sum of squared deviations -variation from mean
Elementary outcome
the complete description of a single result from the exeriment
sample space
the entire group of elementary outcomes
intersection
"A&B" consists of outcomes in both A and B
Union
"AorB" consists of outcomes in either A, or B, or both
Complement
"NotA" consists of outcomes that are not in A
Mutually exclusive
events that have no common elementary outcomes (can't happen simultaneously)
A or B
P(A)+ P(B)
Conditional probability
the probability of event A given B, is the probability of A given that B occured
A/B
P(A&B)/P(B)
A and B
P(A/B) X P (B)
independent events
if occurrence of one event does not affect the chance that the other will happen
B/A
(P(A/B) X P(B))/(P(A/B)XP(B)+P(A/notB)XP(notB)
random variable
is a variable that depends on outcomes of a chance situation.
probability distribution
one Random Variable should assign probability to all values of the Random Variable
My
E(y)=Sumy=(P(Y=y)) p(y=0)+p(y=1)
Variance (θ²y)
E(Y-M)²=Sum((Y-M)²)*P(Y=y))
Standard Deviation (θ)
√Sum((Y-M)²)*P(Y=y))
My
αMx+B
standard deviation
/a/θx
Binomial distribution
weighted distributions of probability y-Bin(n,p)
Bin
probability of getting J successes -(nj)p^j(1-p)^(n-j)
Assumptions
-trials have exactly 2 outcomes -probability of success (p) is same for all trials -# trials, n, is fixed in advance -all trials are INDEPENDENT
normal distribution
-many random varaible have bell shaped distribution -normal density curve is a good approximation -analytical form of bell curve
N (normal)
y-n(My,θy) -symmetric around its mean -single node -probabilty density highest at mean -probability measured by area under curve
Z
indexes a number of standard deviations from the mean

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