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Statistical Modeling Presentation

The document discusses various types of statistical and mathematical modeling, emphasizing their definitions, importance, and applications in decision-making and forecasting. It outlines the steps to build a statistical model, the differences between deterministic and stochastic models, and the characteristics of linear functions. Additionally, it touches on logical fallacies, critical thinking, and the relevance of logic in nursing.

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17 views19 pages

Statistical Modeling Presentation

The document discusses various types of statistical and mathematical modeling, emphasizing their definitions, importance, and applications in decision-making and forecasting. It outlines the steps to build a statistical model, the differences between deterministic and stochastic models, and the characteristics of linear functions. Additionally, it touches on logical fallacies, critical thinking, and the relevance of logic in nursing.

Uploaded by

aedhbteg
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Definition: A mathematical representation of data using random variables

and probabilities.
Importance:
- Helps in decision-making.
- Provides insights into trends.
- Aids forecasting and hypothesis testing.

STATISTICAL MODEL AND ITS


IMPORTANCE
Linear Regression and Its Types
• Definition: Models the relationship between
dependent and independent variables.
• Types:
• - Simple Linear Regression: Y = b0 + b1X + e
• - Multiple Linear Regression: Y = b0 + b1X1 +
b2X2 + ...
• - Ridge Regression: Addresses
multicollinearity.
• - Lasso Regression: Shrinks coefficients.
Steps in Building a Statistical Model
• 1. Define the problem.
• 2. Collect and preprocess data.
• 3. Choose a model.
• 4. Fit the model.
• 5. Validate the model.
• 6. Interpret results.
Statistical vs. Mathematical
Modeling
• Statistical: Focus on randomness and
probabilities.
• Mathematical: Deterministic relationships.
• Data dependency and purpose differ
significantly.
Mathematical Modeling and Its
Types
• Definition: Using formulas to represent
systems.
• Types:
• - Deterministic: Fixed outcomes.
• - Stochastic: Randomness included.
• - Dynamic: Time-dependent.
• - Static: Time-independent.
Finding Length and Width to
Calculate Area
• Formula: Area = Length x Width.
• To find unknowns:
• Length = Area / Width, Width = Area / Length.
Computational Modeling and Its
Uses
• Definition: Using algorithms to analyze
systems.
• Uses:
• - Climate modeling.
• - Financial analysis.
• - Engineering simulations.
Deterministic vs. Stochastic Models
• Deterministic: Predictable outcomes (e.g.,
Linear Equations).
• Stochastic: Includes randomness (e.g., Stock
Prices).
• Applications: Engineering designs, population
growth.
Linear and Non-Linear Functions
• Linear: Straight-line relationships (y = mx + b).
• Non-Linear: Curved relationships (e.g.,
Exponential, Quadratic).
Characteristics of Linear Functions
• 1. Constant slope.
• 2. Graph is a straight line.
• 3. Linear relationship between variables.
Formulas for Standard and Slope-
Intercept Form
• Standard: Ax + By = C.
• Slope-Intercept: y = mx + b.
Solving Linear Equations
• 1 Variable: 3x = 6 → x = 2.
• 2 Variables: Use substitution or elimination.
• 3 Variables: Use matrices or substitution.
Steps to Solve Linear Equations
• 1. Simplify.
• 2. Combine like terms.
• 3. Isolate the variable.
• 4. Solve.
Derivatives and Applications
• Definition: Measures rate of change.
• Types: First (Slope), Second (Concavity).
• Applications: Physics, Economics.
Linear and Exponential
Growth/Decay
• Linear Growth: Constant increase (y = mx + b).
• Exponential Growth: Proportional increase (y
= ae^kt).
Regression and Correlation
• Regression: Predicts dependent variables.
• Correlation: Measures relationship strength.
Logical Fallacies and Critical
Thinking
• Logical Fallacies: Errors in reasoning (e.g., Ad
Hominem, Strawman).
• Critical Thinking: Evaluates arguments for
clarity and validity.
Logic in Nursing
• Importance: Supports decision-making and
patient care through reasoning and evidence.
De Morgan's Theorem
• ¬(A ∧ B) = (¬A ∨ ¬B), ¬(A ∨ B) = (¬A ∧ ¬B).

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