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Data Analysis First Year Notes for Exam - Mainly Keywords and Definitions

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Data Analysis First Year Notes for Exam - Mainly Keywords and Definitions

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  • October 13, 2021
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  • 2011/2012
  • Lecture notes
  • N.a
  • 2012
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DATA ANALYSIS – REVISION AND KEYWORDS

POPULATION – represents the complete set of items that interest an investigator.
Population is ever changing – thus a dynamic concept

Population sample size – represented by N

SAMPLE – part or a fraction of the population

Sample size – represented by n

Getting access to entire population is prohibitively costly – sampling is used

TYPES OF SAMPLING:

SIMPLE RANDOM SAMPLING
 Each member of the population chosen strictly by chance
 Each member of the population equally likely to be chosen
 Selection of one member does not influence selection of any other
members
 Every possible sample of n objects is equally likely to be chosen

SYSTEMATIC SAMPLING
 A specific order – e.g. randomly selecting every 10 names from a long list

STRATIFIED SAMPLING

CLUSTER SAMPLING

MULTI-STAGE SAMPLING

TWO BRANCHES OF STATISTICS:

DESCRIPTIVE STATISTICS – using the sample data to describe and draw
conclusions about the sample only
 Graphical and numerical procedures to summarise and process data
 E.g. surveys (collect), tables and graphs (present), sample mean
(summarize)

INFERENTIAL STATISTICS – using the sample data to draw conclusions about
the population
 Using data to make predictions, forecasts and estimates to assist decision
making
- Inference – the process of drawing conclusions or making decisions about
a population based on sample results

PARAMETER – a numerical measure (can be quantified) that describes a specific
characteristic of a population

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