100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Summary STA1510 NOTES. R49,91   Add to cart

Summary

Summary STA1510 NOTES.

 7 views  0 purchase

Summary of 67 pages for the course Basic Statistics at University of South Africa (STA1510 NOTES.)

Preview 4 out of 67  pages

  • October 8, 2023
  • 67
  • 2023/2024
  • Summary
All documents for this subject (10)
avatar-seller
MasterVincent
STA1510
Basic
Statistics

NOtes
Summarised

,STA1510
Basic
Statistics

NOtes
Summarised

,2



STUDY UNIT 1


Key questions for this unit

What is Statistics?
What is the difference between Population and a Sample?
What is the difference between a parameter and a Statistic?
Distinguish between Qualitative and Quantitative variables.
Distinguish between Nominal and Ordinal variables.
Distinguish between Discrete and Continuous variables.
Distinguish between Scale and Ratio variables.



DEFINITIONS

Statistics is a way to get information from data. In other words, statistics is a tool ‘’like a
toolbox’’ used to extract information form collected data. Statistics has two main branches;
Descriptive and Inferential statistics.

Descriptive statistics: This deals with methods of organising, summarizing and presenting
data in a convenient and informative way. In descriptive statistics, we use graphs, tables,
numerical measures like mean, range, median mode etc to summarise data.

Inferential statistics: This is a body of methods used to draw conclusions or inferences about
characteristics of population based on sample data.

A population: This is the group of all items of interest to a statistics practitioner. It could be
people, cars, house etc. It is frequently very large and may, in fact, be infinitely large.

A sample: This is a set of data drawn from the studied population. In other words, a sample
is part of a population.

A parameter: Any descriptive measure of a population is a parameter. Examples of
parameters include; population size (N ) , population variance ( sigma-squared σ 2 ),
population standard deviation (sigma σ ). In other words, any numerical summary from a
population is a parameter.


A statistic: Any descriptive measure of a sample is a statistic. Examples include; sample size
(n) , sample variance ( s 2 ), sample standard deviation ( s ). In other words, any numerical
summary from a sample is a statistic.

, 3




TYPES OF VARIABLES

1.1 Introduction to this study unit
This unit introduces the concepts of types of variables. There are
basically two types of variables in statistics; Qualitative (think in terms
of quality of life) and Quantitative (if you quantify something you could
count it). Qualitative variables are then classified into nominal and
ordinal variables. Quantitative variable can be classified into discrete
and continuous variables. Once you know your variable is quantitative,
it helps to ask yourself if you have actually counted (then discrete) or
measured (then continuous), when you gather the values.


The diagram below is a mind map of what we shall focus on in this
section. Please note that though we have to know how to differentiate
between variables, questions in this section are set in application form
as we shall see when we get to examples and exercises.




1.2 Qualitative Vs Quantitative variables


1.2.1 Qualitative Variables (Categorical Variable)

Also known as categorical variables, qualitative variables are variables with no natural sense
of ordering. They are therefore measured on a nominal scale. For instance, hair colour
(Black, Brown, Gray, Red, Yellow) is a qualitative variable, as is name (Adam, Becky,

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through EFT, credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying this summary from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller MasterVincent. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy this summary for R49,91. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

67474 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy summaries for 14 years now

Start selling
R49,91
  • (0)
  Buy now