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MTH-263 Probability Theory and Random Variables
MTH-263 Probability Theory and Random Variables
Random Variables
Lecture 01
Course Outline
MTH-263 Probability Theory and Random
Variables
• Credit hours 3(3-0)
• Quizzes 04
• Assignments 04
• Mid Exam 25
• Final Exam 50 Marks
Observational Studies
In an observational study, researchers simply observe
characteristics and take measurements, as in a sample survey.
An observational study draws inferences from a sample to a population where the
independent variable is not under the control of the researcher because of ethical
concerns or logistical constraints.
Statistics
We often need to classify statistical studies as either observational studies or
designed experiments.
Designed Experiments
In a designed experiment, researchers impose treatments and
controls and then observe characteristics and take measurements.
Designed experiments can help establish causation
Statistics Data
Data
The collection of all observations for a particular variable is called a data set.
Variable
A characteristic that varies from one person or thing to another.
Probability Vs. Statistical Inference
Statistical inference makes use of concepts in probability
• The sample along with inferential statistics allows us to draw conclusions about the population,
with inferential statistics making clear use of elements of probability.