August 28, 2003

Descriptive Statistics

A review of the relation between statistics and probability theory:

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Measures of central tendency are the most basic descriptive statistics.

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The sample mean (statistics) is related to the population expected value (probability) by the Law of Large Numbers.

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We also took a look at measures of dispersion.

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Finally, we noted an approximate rule showing how measures of central tendency and dispersion characterize a sample.

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Posted by bparke at 11:12 PM