Statistics
- The science of collecting, organizing, presenting, analyzing and interpreting data to assist in making more effective decisions.
Types of Statistics
- Frequentist
- Descriptive Statistics: The methods of organizing, summarizing and presenting data in an informative way, describing data graphically and numerically.
- Inferential statistics: The methods used to estimate a property of a population on the basis of a sample.
- Baysian
Types of data
- Qualitative data
- Quantitative data
Level of Measurement
- Nominal = Classification
- Ordinal = Classification + Rank
- How often do you go to the movies > none, occasionally, frequently
- Interval = Classification + Rank + Meaningful difference between values
- Temperature(artificial numbers)
- Ratio = Classfication + Rank + Meaningful difference between values + Meaningful ratio