ELECTIVE
ELECTIVE
NATURE OF STATISTICS:
1. Descriptive Statistics - refers to that field of statistics that includes the
methods of collecting, classifying, graphing, and averaging data with the
objective describing the properties of the data on hand.
2. Inferential Statistics - higher degree of critical judgement and advanced
mathematical models. This field with drawing conclusions or generalizations
from organized data.
Leonardo Fibonacci - meaning the son of Bonacci, he is well known for the
Fibonacci sequence and numbers.
John Grant - Published the book titled "Natural and Political"
Ordinal - Numbers are used to express rank to denote position in the ordering.
Example: Oliver rank 1st in his class while Donna is 2nd.
Interval - values in a set of interval data are consistent and meaningful, but
does not involve a true zero point.
Example: ‘IQ score of students in a grade 10 class’.
Ratio - Has all the properties of the interval scale in this level, there is a true
zero point (an absolute value of zero). Multiplication and division of
measurement can be performed.
Example: height and weight.
CLASSIFICATION OF DATA:
Primary Data - are first hand information.
Example: data gathered from a survey, where the person who collected the
data is the one using it.
Sampling – refers to the method of getting a small part form the population.
SAMPLING TECHNIQUES:
Random Sampling - in this sampling method, each item in the population has
an equal and likely possibility of getting selected in the sample Since the
selection of item completely depends on the possibility, therefore this method
is called “Method of chance Selection”.
Biased Sampling - a sample that doesn't accurately reflect all members of the
population.
Variable - is used to define certain observable values or characteristics. Any
information, attitude, characteristics, number, or quantity that describes as
person, a place or event, a thing, or an idea that can be measured or counted.
Mode - is used when you want to know the most frequent response, number, or
observation in a distribution.
COMPUTATIONS:
Slovin’s Formula:
n = N/1+Ne^2
Ex. Find the sample size if the population size is 250 at 95% accuracy.
n = 250/1+250(0.05)^2
1+250(0.05)^2 = 1.625
250/1.625 = 153.84
Final Answer = 154