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2. ?It?s all Greek to me!!!!?

3. CHAPTER 4 Summarizing Data

4. OUTLINE ? 4.1??????????????? MEASURES OF CENTRAL TENDENCY Explains why the selection of an appropriate sample has an imprint bearing the reliability of inferences about a population ? 4.2??????????????? MEASURES AND VARIATION ? Describes several measure of variation or variability including the standard deviation ? 4.3??????????????? COEFFICIENT OF VARIATION Defines the coefficient of variation, useful in comparing levels of variation ? 4.4??????????????? MEASURING AND INTERPRETING SKEWNESS Explains how to measure skewness and how to determine if a distribution is symmetrical or skewed MEANS AND STANDARD DEVIATIOS OF POPULATIONS Contrasts the equations for the parameters of a population to the statistics of a sample

5. LEARNING OBJECTIVES 1.?????????????????? Compute and distinguish between the uses of measures of central tendency: mean, median, and mode 2.?????????????????? Compute and lists some uses for measures of variation: range, variance, and standard deviation 3.?????????????????? Compare sets of data by computing their coefficients of variation 4.?????????????????? Be able to compute the mean and standard deviation for grouped and ungrouped data 5.?????????????????? Determine if a data set is symmetrical or skewed 6.?????????????????? Understand the distinction between the population mean and the sample mean

6. MEASURES OF CENTRAL TENDENCY A.????????????????? The Mean 1.??????????????????? the arithmetic or simple mean is computed by sunning all the observations in the sample and dividing the sum by the number of observations 2.??????????????????? there are also harmonic and geometric means 3.??????????????????? The arithmetic mean may also be considered the balance point, or, fulcrum B.?????????????????? The Median 1.??????????????????? the observation that divides the distribution into equal parts 2.??????????????????? considered the most typical observation in the a distribution 3.??????????????????? that value above which there are the same number of observations below 4.??????????????????? Symbolically the mean is represented by ?

7. MEASURES OF CENTRAL TENDENCY C.????????????????? The Mode 1.??????????????????? Observation that occurs most frequently 2.??????????????????? If all values are different, there is no mode D.?????????????????? Which Average Should You Use 1.??????????????????? Arithmetic mean is the most commonly used 2.??????????????????? Median gives the typical observation for a distribution ? good for income

8. MEASURES AND VARIATION A.????????????????? Range 1.??????????????????? the difference in value between the highest (maximum) and lowest (minimum) observation ? Range = ? 2.??????????????????? can be computed easily but is not very useful because it considers only the extremes

9. MEASURES AND VARIATION B.????????????????? Mean Deviation 1.??????????????????? the average deviation of all observations from the mean 2.??????????????????? the sum of all of the absolute values divided by the number of observations ? Mean Deviation = ? or

10. MEASURES AND VARIATION C.????????????????? Standard Deviation 1.??????????????????? by far the most widely used measure of variation 2.??????????????????? the square root of the variance of the observations 3.??????????????????? computed by: -????????? squaring each deviation from the mean -????????? adding them up - dividing their sum by less than the sample size


13. Variance ------Standard Deviation

14. Raw data and results of Cholesterol levels in 26 subjects Number of observations or N 26 Initial HDL values 31, 41, 44, 46, 47, 47, 48, 48, 49, 52, 53, 54, 57, 58, 58, 60, 60, 62, 63, 64, 67, 69, 70, 77, 81, 90 mg/dl Highest values 90 mg/dl Lowest value 31 mg/dl Mode 47, 48, 58, 60 mg/dl Median (57 + 58)/2 = 57.5 mg/dl Sum of the values ? (xi) 1496 mg/dl Means, x 1496/26 = 57.5 mg/dl Interquartile range 64 ? 48 = 16 mg/dl

15. Measures of dispersion based on the Mean. Mean deviation = Variance = Standard deviation = s =

16. Raw data and results of Cholesterol levels in 26 subjects Number of observations or N = 26 Initial HDL values 31, 41, 44, 46, 47, 47, 48, 48, 49, 52, 53, 54, 57, 58, 58, 60, 60, 62, 63, 64, 67, 69, 70, 77, 81, 90 mg/dl Highest values 90 mg/dl Lowest value 31 mg/dl Mode 47, 48, 58, 60 mg/dl Median (57 + 58)/2 = 57.5 mg/dl Sum of the values ? (xi) 1496 mg/dl Means, x 1496/26 = 57.5 mg/dl Interquartile range 64 ? 48 = 16 mg/dl Sum of squares (TSS) 4,298.46 mg/dl squared Variance, ?s? squared 171.94 mg/dl Standard Deviation, s 171.94 mg/dl = 13.1 mg/dl

17. MEASURES AND VARIATION D.????????????????? Computing Central Tendency Using SPSS 1.??????????????????? To calculate mean and standard deviation: a.??????????????????? go to the menu and choose Analyze b.?????????????????? Select Descriptives - select variables you want to analyze ?????????????

18. COEFFICIENT OF VARIATION A.????????????????? Defined as the ratio of the standard deviation to the absolute value of the mean, expressed as a percentage ? CV = ? B.?????????????????? Depicts the size of the standard deviation in comparison to its mean C.?????????????????? Possible to use it to compare the relative variation of even unrelated quantities

19. MEASURING AND INTERPRETING SKEWNESS A.????????????????? Skewed ? a distribution that has a marked or pronounced asymmetry B.?????????????????? Use SPSS to measure skewness 1.??????????????????? Open dialog box titled Options 2.??????????????????? Select Skewness 3.??????????????????? Two columns under skewness a.??????????????????? Statistic b.?????????????????? Std Error 4.??????????????????? The Statistics column gives the actual measure of skewness, or the standard error of skewness

20. MEANS AND STANDARD DEVIATIONS OF POPULATIONS A.????????????????? Population Mean 1.??????????????????? defined as the sum of the values divided by the number of observations for the entire population (N) 2.??????????????????? it is the sum of the squared deviations from the population mean, divided by N 3.??????????????????? The sample mean (x) is an estimate of the population mean and is the sum of values in the sample divided by n, the number of observations in the sample alone 4.??????????????????? The population variance is the is the sum of the squared deviations from the population mean divided by N, whereas the sample variance is the sum of the squared deviations from the sample mean

21. CONCLUSION In describing data by use of a summary measure, it is important to select the measure of central tendency that most accurately represents the data. A key factor is to determine of the data are symmetrical or skewed. Data are most commonly represented by two summary measures ? one to indicate central tendency and one to indicate variation. The most commonly used pair is the arithmetic mean and the standard deviation.

22. CHAPTER 5 Probability

23. OUTLINE ? 5.1 WHAT IS PROBABILITY Discusses the concept of probability as a measure of the likelihood of occurrence of a particular event ? 5.2 COMPLEMENTARY EVENTS Demonstrates how to calculate probability when the events are complementary ? 5.3 PROBABILITY RULES Solves problems involving the probability of compound events by use of the addition rule or the multiplication rule, or conditional probability ? 5.4 COUNTING RULES Explains how to compute the number of possible ways an event can occur by use of permutations and combinations ? 5.5 PROBABILITY DISTRIBUTIONS Illustrates the concept of a probability distribution, which lists the probabilities associated with the various outcomes of a variable ? 5.6 LOTTERY PROBABILITY AND SAMPLING Uses lottery probabilities to illustrate sampling with and without replacement ? 5.7 BINOMIAL DISTRIBUTION Describes a common distribution having only two possible outcomes on each trial ?

24. LEARNING OBJECTIVES ? 1.??????????????????? Define probability and compute it in a given situation 2.??????????????????? State the basic properties of probability 3.??????????????????? Select and apply the appropriate probability rule for a given situation 4.??????????????????? Distinguish between mutually exclusive events and independent events 5.??????????????????? Distinguish between permutations and combinations, and be able to compute them for various events 6.??????????????????? Explain what a probability distribution is, and state its major use 7.??????????????????? State the probabilities by using a binomial distribution 8.??????????????????? Interpret the symbols in the binomial term ?

25. WHAT IS PROBABILITY A.????????????????? Applies exclusively to a future event B.?????????????????? Probability statements are numeric, defined in the range 0 to 1, never more and never less C.?????????????????? Defined as the ratio of the number of ways the specified event can occur to the total number of equally likely events that can occur D.????????????????? P(E), can be defined as the proportion of times a favorable event will occur in a long series of repeated trials: ? P(E) = =

26. Probability Probabilities are always stated in terms between 1 and 0. (Rule 1) The sum of all probabilities must equal 100% Three basic rules The independence rule The product rule The addition rule

27. Mutually exclusive Event A is mutually exclusive of event B, if event A occurs, than event B cannot occur and conversely, if event B occurs, than event A cannot occur. Rule 2: P(A) = 1 ? P(A)

28. Independence

29. COMPLEMENTARY EVENTS A.????????????????? Event is the complement of event A B.?????????????????? P(A) = sum of probabilities of outcomes in A C.?????????????????? P = sum of probabilities of outcomes in ? And ? Therefore

31. Conditional Probability Suppose that in the case of drawing cards, the first card drawn is not replaced. If the first card draw is an ace what is the probability that the second card with be an ace? What is the probability the second will be a deuce?

32. Probability of a Ace on first draw 4/52 = 1/13 = .0769

34. Probability of a Ace on first draw 4/52 = 1/13 = .0769 Probability of an ace on second draw without replacement 3/51 = .0588

36. Probability of a Ace on first draw 4/52 = 1/13 = .0769 Probability of an ace on second draw without replacement 3/51 = .0588 Probability of a deuce on second draws without replacement 4/51 = .0788

38. Product (Multiplication Theorem) The second law of probability: rule 6 The probability of the simultaneous or successive occurrence of two or more independent events is equal to the product of their separate probabilities. What is the probability of drawing an ace three times in a row with replacement?

39. Bayes? Rule Conditional probability: P (B | A) = P (AB) / P(A) and Multiplication theorem P (AB) = P(A | B) P (B) Bayes? Rules P (B | A) = P (A | B) P(B) / P(A)

40. Addition All the different possible probabilities must add up to 1.0 (100%) A probability must always be < 1.0 p + (1 ? p) = 1.0 P(A or B) = P (A) + P (B) ? P(AB)

41. Addition Theorem

42. Addition Theorem

43. PROBABILITY RULES B.????????????????? The Addition Rule: The probability that event A or event B (or both) will occur equals the sum of the probabilities of each individual event minus the probability of both ? ? ?

44. COUNTING RULES A.????????????????? Rule 1: Number of Ways ? If event A can occur in n1, distinct ways and event B can occur in n2 ways, then the events consisting of A and B can occur in n1 ? n2 ways ? B.?????????????????? Rule 2: Permutations 1.??????????????????? In determining the number of ways in which you can arrange a group of objects, you must first know whether the order of arrangement plays a role. 2.??????????????????? A permutation is a selection of r objects from a group of n objects, taking the order of selection into account ? C.?????????????????? Rule 3: Combinations ? A selection of a subgroup of distinct objects, with order not being important

45. PROBABILITY DISTRIBUTIONS A.?????Defined as a complete list of all possible outcomes, together with the probability of each B.??????Random Variable ? variable which can assume any number of values C.?????A probability distribution is a list of the probabilities associated with the values of the random variable obtained in an experiment

46. LOTTERY PROBABILITY AND SAMPLING A.?????Sampling without replacement ? once a number has been drawn (of subject selected) that number may not be drawn again B.??????Sampling with replacement ? The same number (or subject) may be picked multiple times

47. BINOMIAL DISTRIBUTION A.????????A binomial distribution serves as a model for outcomes limited to two choices (e.g. sick or well, dead or alive?) B.????????Expansion of the binomial term , where 1. is the probability of successful outcome 2. = 1 - is the probability of an unsuccessful outcome and 3. is the number of trials or attempts

48. BINOMIAL DISTRIBUTION C. The binomial expansion is applicable provided that 1.?????? Each trial has only two possible outcomes ? success or failure 2.???????The outcome of each trial is independent of the outcomes of any other trial 3.???????The probability of success, pm is constant from trial to trial

49. Binomial expansion

50. Binomial expansion

51. BINOMIAL DISTRIBUTION D.????????????????? In general, the probability of an event consisting of r successes out of n trials is ? where n = the number of trials in an experiment r = the number of successes n- r = the number of failures p = the probability of success q = 1 ? p, the probability of failure

53. BINOMIAL DISTRIBUTION The expression ? ? is a term from the binomial expansion ?

54. BINOMIAL DISTRIBUTION The entire expansion lists the terms for r successes and (n ? r) failures from the binomial distribution = =

55. Six coins?

56. Pascal?s Triangle

57. PowerBall Lottery 53 White balls 5 balls selected (53!)/(5!)(48!)=1/2,869,685 42 red balls Powerball selected 1/47 Jackpot: 1/2,869,685* 1/47 = 1/120,526,770

58. CONCLUSION Probability measures the likelihood that a particular event will or will not occur. In a long series of trials, probability is the ration of the number of favorable outcomes to the total number of equally likely outcomes. Permutations and combinations are useful in determining the number of outcomes. If compound events are involved, we need to select and apply the addition rule or the multiplication rule to compute probabilities. The outcome of an experiment together with its respective probabilities constitutes a probability distribution. One very common probability distribution is the binomial distribution. It presents the probabilities of various numbers of successes in trials where there are only two possible outcomes to each trial.

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