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    Lecture 1 Basic Statistics

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    Olana Sufiyan
    This document provides an overview of basic statistics concepts covered in Lecture 1. It introduces the lecturer, Sanjar Mardonov, and his qualifications. The plan for Lecture 1 covers key terms like types of statistics, types of data, population and sample. Descriptive statistics are used to summarize data sets through measures like mean, median and mode while inferential statistics allow predictions from sample data about a population. Tools for each include measures of central tendency and spread for descriptive, and hypothesis testing for inferential. Qualitative and quantitative data types are also introduced. Population and sample concepts are defined along with the importance of random sampling for an unbiased representation. Common biases like selection, non-response and measurement error are briefly outlined

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    Lecture 1 Basic Statistics

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    Olana Sufiyan
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    This document provides an overview of basic statistics concepts covered in Lecture 1. It introduces the lecturer, Sanjar Mardonov, and his qualifications. The plan for Lecture 1 covers key terms like types of statistics, types of data, population and sample. Descriptive statistics are used to summarize data sets through measures like mean, median and mode while inferential statistics allow predictions from sample data about a population. Tools for each include measures of central tendency and spread for descriptive, and hypothesis testing for inferential. Qualitative and quantitative data types are also introduced. Population and sample concepts are defined along with the importance of random sampling for an unbiased representation. Common biases like selection, non-response and measurement error are briefly outlined

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    This document provides an overview of basic statistics concepts covered in Lecture 1. It introduces the lecturer, Sanjar Mardonov, and his qualifications. The plan for Lecture 1 covers key terms like types of statistics, types of data, population and sample. Descriptive statistics are used to summarize data sets through measures like mean, median and mode while inferential statistics allow predictions from sample data about a population. Tools for each include measures of central tendency and spread for descriptive, and hypothesis testing for inferential. Qualitative and quantitative data types are also introduced. Population and sample concepts are defined along with the importance of random sampling for an unbiased representation. Common biases like selection, non-response and measurement error are briefly outlined

    Copyright:

    © All Rights Reserved
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    Download as pptx, pdf, or txt
    15 views24 pages

    Lecture 1 Basic Statistics

    Uploaded by

    Olana Sufiyan
    This document provides an overview of basic statistics concepts covered in Lecture 1. It introduces the lecturer, Sanjar Mardonov, and his qualifications. The plan for Lecture 1 covers key terms like types of statistics, types of data, population and sample. Descriptive statistics are used to summarize data sets through measures like mean, median and mode while inferential statistics allow predictions from sample data about a population. Tools for each include measures of central tendency and spread for descriptive, and hypothesis testing for inferential. Qualitative and quantitative data types are also introduced. Population and sample concepts are defined along with the importance of random sampling for an unbiased representation. Common biases like selection, non-response and measurement error are briefly outlined

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    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 24

    Basic statistics

    Lecture 1

    Lecturer: Sanjar Mardonov

    «SILK ROAD» INTERNATIONAL UNIVERSITY OF TOURISM


    2020-2021
    General Information
    Mardonov Sanjar – Subject Coordinator
    Bachelor's degree: University of Westminster
    MBA: Banking and Finance Academy of the
    Republic of Uzbekistan
    e-mail: [email protected]
    [email protected]
    Room № 115
    Plan for today
    1.Types of statistics
    2.Types of Data
    3.Key Terms
    4.Population and
    sample
    What is statistics?

    Statistics is the science concerned with


    developing and studying methods for
    collecting, analyzing, interpreting and
    presenting empirical data

    Data derived from reliable


    measurement or observation
    Types of statistical
    application
    What is descriptive and
    Inferential statistics?
    Descriptive statistics- are brief descriptive coefficients that summarize a given
    data set, which can be either a representation of the entire or a sample of a
    population.
    Inferential statistics- Inferential statistics are used when data is viewed as a
    subclass of a specific population (to provide a overall conclusion)
    Difference
    Descriptive statistics describes data (for
    example, a chart or graph) and inferential
    statistics allows you to make predictions
    (“inferences”) from that data.
    With inferential statistics, you
    take data from samples and make
    generalizations about a population.
    Tools
    Descriptive- Measures of central
    tendency(mean/median/mode), spread of data
    (range, standard deviation)
    Inferential- hypothesis testing, analysis of
    variance, regression, etc.
    Types of Data- Qualitative and Quantitative
    Population with Sample
    Lecture 2 B

    ELASTICITY AND ITS


    APPLICATION
    With inferential statistics,
    you take data
    from samples and make
    generalizations about a
    population. For example,
    you might stand in a
    Optovik shop and ask
    a sample of 100 people
    their opinion about shop
    Representative sample
    A representative sample is a subset of a population that seeks to accurately reflect
    the characteristics of the larger group
    Random sampling
    Random sampling is a part of
    the sampling technique in which
    each sample has an equal probability of
    being chosen.
    A sample chosen randomly is meant to
    be an unbiased representation of the total
    population. An unbiased random
    sample is important for drawing
    conclusions.
    Non-Random Samples
    Selection bias
    Non-response bias
    Non-response bias is a type of bias that occurs when people are
    unwilling or unable to respond to a survey due to a factor that makes
    them differ greatly from people who respond

    Some people simply forgot to return the survey. Your survey didn't
    reach all members in your sample. For example, email invites might
    have disappeared into the Spam folder, or the code used in the email
    may not have rendered properly on certain devices (like cell phones).
    Measurement error
    Quiz
    1. The science of collecting, organizing, presenting, analyzing, and interpreting data to assist
    in making more effective decisions is referred to as ____________.
    A. Sample
    B. Population
    C. Statistics
    D. Non-response bias
    2. Methods of organizing, summarizing, and
    presenting data in an enlightening way are called
    E. Inferential statistics
    F. Descriptive Statistics
    G. Selection Bias
    H. Measurement Error
    3. A portion, or part, of the group of interest is referred to as a(an)
    A. Sample
    B. Observational study
    C. Population
    D. Variable
    4. The entire set of individuals or objects of interest or the measurements obtained from all
    individuals or objects of interest is known as a (an)
    E. Sample
    F. People
    G. Summary statistics
    H. Population
    5. The number of bedrooms in a house is a
    I. Discrete variable
    J. Continuous variable
    1. Statistics
    2. Descriptive Statistics
    3. Sample
    4. Population
    5. Discrete variables
    Primary:
    • Elementary Statistics (13th Edition) (PDF) by Mario F. Triola | Pearson
    • McClave et. al. Statistics for Business and Economics (ch. 1,2)

    Secondary:
    • Mittelhammer, R. Mathematical Statistics for Economics and Business, 2nd edition,
    Springer, 2013.
    • Peck, R., C. Olsen & J. Devore. Introduction to Statistics & Data Analysis, 4th edition,
    Brooks/Cole, 2012.
    • Ross, S. Introductory Statistics, 3rd edition, Academic Press, 2010.
    • Woodbury, G. An Introduction to Statistics, Duxbury, 2002.

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