Tuesday, January 28, 2020

STATISTICS

Mathematical Statistics


Data
Data is a collection of facts, such as numbers, words, measurements, observations etc.
Types of Data-
  1. Qualitative data- it is descriptive data.
Example- She can run fast, He is thin.
  1. Quantitative data- it is numerical information.
Example- An Octopus is an Eight legged creature.
Types of quantitative data
  • Discrete data- has a particular fixed value. It can be counted
  • Continuous data- is not fixed but has a range of data. It can be measured.
Representation of Data-Formulas used
Sample Mean (x¯)xn
Population Mean (μ)xN
Sample Standard Deviation (s)(xx¯)2n1
Population Standard Deviation (σ)σ=(xμ)2N
Sample Variance (s2)s2=(xix¯)n1
Population Variance (σ2)σ2=(xix¯)N<
Range (R)Largest data value – smallest data value

Application

  • Some of the application of statistic are given below:
  • Applied statistics, theoretical statistics and mathematical statistics
  • Machine learning and data mining
  • Statistics in society
  • Statistical computing
  • Statistics applied to Mathematics or the arts

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