QR Lectures Week 1
QR Lectures Week 1
Course Goals:
1. Enhance and strengthen quantitative reasoning skills.
2. Introduce additional tools for data analysis & drawing inferences on sample-
based data.
3. Apply mathematical and statistical skills in real-world contexts.
4. Address global challenges using quantitative reasoning skills.
5. Apply quantitative reasoning in everyday situations.
6. Learn to collect, analyze, and interpret data from various sources.
7. Use probability and statistical inference for better decision-making.
What is Quantitative Reasoning?
1. Budgeting
2. Investment analysis
3. Health Statistics
4. Epidemiology
5. Business and economics
6. Market research
7. Cost-benefit analysis
8. Education
9. Survey analysis
10. Climate change modelling
Basic Data Literacy
Introduction
• Data are facts and figures collected, analyzed and summarized for presentation
and interpretation.
• Single piece of information is called Datum and plural form of datum is data.
• All the data collected in a particular study are referred to as the data set for the
study.
• Elements are the entities on which data are collected. Single entity or individual
in a population. It can be a person, object or unit of analysis.
• The set of measurements obtained for a particular element is called an
observation.
• For example, a class of 30 students (elements) takes a test resulting in 30 test
scores (observations).
Population & Sample
• A population is the entire group that you want to draw conclusions about.
The numerical quantity computed from the population is called a
parameter.
• A sample is the specific group that you will collect data from. The
numerical quantity computed from the sample is called a statistic.
Classification of data regarding measurement
Variable
(Varies from individual
to individual). Height,
Weight,Age
Qualitative/Categorical
Quantitative
(Not capable of
(Capable of assuming
assuming a numerical
a numerical value).
value). Gender,
Height, Weight, Speed
Ethnicity, Hair color
Continuous Discrete
(Can assume any (Assumes only
number on the number isolated values on the
line). Temperature, number line). # of
Weight, Height rooms in a house
Classification of data regarding Sources of Data
Sources of Data
Secondary
Primary Second hand data
First hand data Already collected by
Not gone through any someone else & has
statistical treatment undergone a statistical
treatment
Multivariate
Univariate Bivariate
(Represents
(Represents (Represents observations on
observations on 1 observations on 2 more than 2
Variable) Variable) Variable)
Name
Age
Type of transmission Height and weight for
Blood pressure level
(Manual or Automatic) each football player
Sugar level
Cholesterol levels
Errors of measurement
• Absolute error (difference between True value and measured value)
Let x= measured value, e=error, x+e =true value (as true value is the sum of
measured value and error
True value-measured value= error
(x+e)-x=e
• Relative error (ratio of absolute error and true value)
• Biased error/systematic
Intentional bias, one-directional, cumulative in nature
• Unbiased error/random/accidental
Unpredictable, By chance, disappear in the long run(it can be both
negative and positive so they balance out )
Scales of measurement
In statistics, scales of measurement refer to the way data is categorized and measured.
There are four primary scales:
Nominal
Categorizes data without any inherent order or hierarchy
- Examples: gender, ethnicity, color
Ordinal
Ranks data in order, but intervals between values are not equal
- Examples: education level, satisfaction ratings
Scales of
measurement Ratio
Measures data with equal intervals and a true zero point
- Examples: weight, height, age
Interval
Measures data with equal intervals between consecutive values
- Examples: temperature (Celsius or Fahrenheit), calendar
years
Interval & Ratio scale
Interval scale Ratio scale
• Has equal intervals between • Has equal intervals between
consecutive levels consecutive levels
• Does not have a true zero • Has a true zero point.
point. Zero is just a reference Absence of attribute.
value.
• Allows all comparison of
• Allows comparison of magnitude (+,-,*,/)
differences (+,-)
• E.g. Weight, Height, Age,
• Temperature GPA
What is a true zero point?
A true zero point also known as an absolute zero point is a reference
point in a measurement scale that represents the absence of the
quantity being measured. In other words, a true zero point is a point
where the measured attribute is absent or non-existent.
Example:
Weight: 0 kg means object has no weight (Ratio scale)
Height: 0 meter means object has no height (Ratio scale)
Temperature: 00 does not mean absence of temperature. (Interval
scale)
Any Questions