Statistics Use Uncertainty, Variation, and Probability
2
Statistic Tools Extract Salient Information From Data
3
Data Collection is a 4-Step Process of Investigation
4
Probabilistic Reasoning Begins with Accurate Sampling
5
Probabilistic Tools Work Well on Limited Data
6
Fresh Events Update Probabilistic Outcome
7
Experiments Use Sample Space Events for Probabilities
8
Probability as a Rule Assigns Chance to Events
9
Three Axioms in Probability Theory
10
Law of Total Probability Expands Bayes´ Rule
11
How Bayes´ Rule is Used in Everyday Life
Description:
Explore the fundamentals of statistics, focusing on sampling and probability, in this 25-minute video lecture presented by Talitha Williams. Discover how data collection and probabilistic reasoning are used to predict future outcomes, despite the inherent uncertainty and variation in statistical analysis. Learn about the four-step process of data investigation, the importance of accurate sampling, and how probabilistic tools can be applied to limited data sets. Delve into key concepts such as sample space events, probability axioms, and Bayes' Rule, understanding their applications in everyday life. Gain insights into how fresh events update probabilistic outcomes and how the Law of Total Probability expands on Bayes' Rule. Perfect for those interested in learning statistics concepts and their practical applications using R programming language.
Sampling and Probability - Learning Statistics: Concepts and Applications in R