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Prob & Stats Vocab_7
Vocabulary from Probability and Statistics
Term | Definition |
---|---|
Population | a group of individuals or objects that you want to study |
Sample | part of the population |
Inference | an estimate or prediction about the population that is based on a sample |
Biased Sample | not representative of the population |
Median | the "middle" of a data set |
Mean Absolute Deviation | the average distance between each data value and the mean |
Mean | the sum of the values in the data set divided by the number of items in the data set |
Variation | a description of how spread out the data in the set are (includes Range, IQR, and MAD) |
Distribution | the organization of a data set (shows outliers, clusters, and gaps) |
Probability | the likelihood that an event is to occur |
Theoretical probability | the ratio of favorable outcomes to total possible outcomes |
Experimental probability | the number of times a favorable outcome happens when a probability experiment is actually conducted |
Compound Event | when two or more events will occur together |
Independent Event | an event in which the outcome does not depend on the outcome of any other event |
Dependent Event | an event in which the outcome of the second event depends on the outcome o the first event |