Showing posts with label Statistics Descriptive. Show all posts
Showing posts with label Statistics Descriptive. Show all posts

Sunday, January 4, 2015

What is Statistics ??


Statistics is the study of the collection, analysis, interpretation, presentation, and organization of data. In applying statistics to, e.g., a scientific, industrial, or societal problem, it is necessary to begin with a population or process to be studied. Populations can be diverse topics such as "all persons living in a country" or "every atom composing a crystal". It deals with all aspects of data including the planning of data collection in terms of the design of surveys and experiments.

In case census data cannot be collected, statisticians collect data by developing specific experiment designs and survey samples. Representative sampling assures that inferences and conclusions can safely extend from the sample to the population as a whole. An experimental study involves taking measurements of the system under study, manipulating the system, and then taking additional measurements using the same procedure to determine if the manipulation has modified the values of the measurements. In contrast, an observational study does not involve experimental manipulation.

Two main statistical methodologies are used in data analysis : Descriptive statistics, which summarizes (Frequency Distribution) data from a sample using indexes such as the mean or standard deviation, and inferential statistics, which draws conclusions from data that are subject to random variation (e.g., observational errors, sampling variation). Descriptive statistics are most often concerned with two sets of properties of a distribution (sample or population) : central tendency (or location) seeks to characterize the distribution's central or typical value, while dispersion (or variability) characterizes the extent to which members of the distribution depart from its center and each other. Inferences on mathematical statistics are made under the framework of probability theory, which deals with the analysis of random phenomena. To make an inference upon unknown quantities, one or more estimators are evaluated using the sample.

Saturday, January 3, 2015

How to Construct the table of frequency distributions


Frequency Distribution is a table that displays the frequency of various outcomes in a sample each entry in the table that contain the frequency or count of the occurences of valaues within a particular group or interval, and in this way, the table summarizes the distribution of values in the sample

A frequency distribution in statistics shows us a summarized grouping of data divided into mutually exclusive classes and the number of occurrences in a class. It is a way of showing unorganized data e.g. to show results of an election, income of people for a certain region, sales of a product within a certain period, student loan amounts of graduates, etc. Some of the graphs that can be used with frequency distributions are histograms, line charts, bar charts and pie charts. Frequency distributions are used for both qualitative and quantitative data.


Construction of frequency distributions :

1. Decide about the number of classes. The maximum number of classes 
    may be determined by Sturges formula:

K = 1+ 3,322 log  n
       whereas :

        K = Number of Class
        n = Number of observations in Data

2. Calculate the Range of Data


Range = ( Xmax - Xmin)

         X = Observation Value

      3. Decide width (Interval) of the class denote by ( I ) : 


For Example
If the total number of Observations is 50, the number of class (K) would be

K = 1+3,322 log n
K = 1+3,322 log (50)
K = 1+3,322 (1,69897)
K = 1+5,644
K = 6,644 or approximately by 7 is good