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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 |