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Text and Reference Material R.E. Walpole, R.H. Myers and S.L Myers, “Probability and Statistics for Engineers and Scientists”, Edition 7 R.E. Walpole, “Introduction to Statistics”, Edition 3 Sher Mohammed Ch. “Introduction to Statistical Theory”, Vol. I, II Lind, Marchal,Mason,Statistical Techniques in Business & Economics”,11th Edition
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Applications Data Mining is the analysis of information in a database, using tools that look for trends or irregularities in large data sets. Data Compression is the coding of data using compact formulas, called algorithms, and utilities to save storage space or transmission time. Speech Recognition is the identification of spoken words by a machine. The spoken words are turned into a sequence of numbers and matched against coded dictionaries. Vision and Image Analyses use statistics to solve contemporary and practical problems in computer vision, image processing, and artificial intelligence. Human/Computer Interaction uses statistics to design, implement, and evaluate new technologies that are useable, useful, and appealing to a broad cross-section of people. Network/Traffic Modeling uses statistics to avoid network congestion while fully exploiting the available bandwidth. Stochastic Optimization uses chance and probability models to develop the most efficient code for finding the solution to a problem. Stochastic Algorithms follow a detailed sequence of actions to perform or accomplish a task in the face of uncertainty.
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Applications Artificial Intelligence is concerned with modeling aspects of human thought on computers. Machine Learning is the ability of a machine or system to improve its performance based on previous results. Capacity Planning determines what equipment and software will be sufficient while providing the most power for the least cost. Storage and Retrieval techniques rely on statistics to ensure that computerized data is kept and recovered efficiently and reliably. Quality Management uses statistics to analyze the condition of manufactured parts (hardware, software, etc.), using tools and sampling to ensure a minimum level of defects. Software Engineering is a systematic approach to the analysis, design, implementation, and maintenance of computer programs. Performance Evaluation is the process of examining a system or system component to determine the extent to which specified properties are present. Hardware Manufacturing is the creation of the physical material parts of a system such as the monitor or disk drive.
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Statistics The science of collecting, organizing, presenting, analyzing and interpreting data to assist in making more effective decisions.
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THE NATURE OF THIS DISCIPLINE: DESCRIPTIVE STATISTICS PROBABILITY INFERENTIAL STATISTICS
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Descriptive Statistics The science of collecting, organizing, and presenting data in an informative way.
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Inferential Statistics The methods used to estimate a property of a population on the basis of a sample.
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Population A collection of all possible individuals, objects or measurements of interest. Sample A portion, or part, of the population of interest. Observation An observation is the value, at a particular period, of a particular variable. Variable A symbol that stands for a value that may vary. in (computer programming), a symbolic name associated with a value and whose associated value may be changed.
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Types of variables Quantitative variables Qualitative variable
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QUANTITATIVE VARIABLE A variable is called a quantitative variable when a characteristic can be expressed numerically such as age, weight, income or number of children.
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QUALITATIVE VARIABLE if the characteristic is non-numerical such as education, gender, eye- colour, quality, intelligence, poverty, satisfaction, etc. the variable is referred to as a qualitative variable. A qualitative characteristic is also called an attribute
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TYPES OF QUANTITATIVE VARIABLE Continuous variable Discrete variable
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DISCRETE VARIABLE A discrete variable is one that can take only a discrete set of integers or whole numbers, that is the values are taken by jumps or breaks. A discrete variable represents count data such as the number of persons in a family, the number of rooms in a house, the number of deaths in an accident, the income of an individual, etc.
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CONTINUOUS VARIABLES A variable is called a continuous variable if it can take on any value-fractional or integral––within a given interval, i.e. its domain is an interval with all possible values without gaps. A continuous variable represents measurement data such as the age of a person, the height of a plant, the weight of a commodity, the temperature at a place, etc.
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