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3 Course Overview
Variation and data are the two major concepts underlying statistics.
Definition
Statistics is:
The study of collecting, analyzing, and making conclusions
from data.
A tool to understanding what data can (and cannot) tell us
about the world.
A systematic framework for quantifying uncertainty.
3 Course Overview
Sampling
'
Population Sample
(Too difficult to study directly)
p
Inference
3 Course Overview
Probability
Likelihood or chance of
observing certain outcomes