FUNDAMENTALS OF STATISTIC

A set of concepts,rules, and proscedures that help us :

organize numerical information in the form of table,graphs, and charts;

understand statistical techniques underlying decisions that effects our lives and well- being

make informed decisions

Attribute

binary in nature

Qualitative data

Good/Bad

Variable

Measurement information

Quantitative data

Discrete vs Continuous

Discrete

information that can be categorized into a classification

based on count

Continuous

information that can be measured on a continuum or scale

any numeric value

Subtopic

Accuracy : Determined how close a measured value to its "true" value.

Precision : Determined by how reproducible is the measurement value.