Group-8-PPT 20240218 175154 0000

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What is the difference between

parametric & non-parametric”


Group 8
Parametric
Parametric methods are statistical techniques that rely
on specific assumptions about the underlying
distribution of the population being studied.

These methods typically assume that the data follows a


known Probability distribution, such as the normal
distribution, and estimate the parameters of this
distribution using the available data.
Parameters for using the normal distributio
are as follows:
•Mean •Standard Deviation
Assumptions for Parametric Methods

Parametric methods require several assumptions about


the data:

•Normality: The data follows a normal (Gaussian)


distribution.
•Homogeneity of variance: The variance of the
population is the same across all groups.
•Independence: Observations are independent of each
other.
What are Parametric Methods?

Statistical Tests:
•t-test: Tests for the difference between the means of two independent
groups.
•ANOVA: Tests for the difference between the means of three or more
groups.

•F-test: Compares the variances of two groups.

•Chi-square test: Tests for relationships between categorical variables.

•Correlation analysis: Measures the strength and direction of the linear


relationship between two continuous variables.
Machine Learning Models:
•Linear regression: Predicts a continuous outcome based on a linear
relationship with one or more independent variables.
•Logistic regression: Predicts a binary outcome (e.g., yes/no) based on a set
of independent variables.

•Naive Bayes: Classifies data points based on Bayes’ theorem and assuming
independence between features.
•Hidden Markov Models: Models sequential data with hidden states and
observable outputs.
Advantages of Parametric
• More powerful
• More Efficient
• Provide estimates of population parameters

Disadvantages of Parametric
• Sensitive to assumptions
• Limited flexibility
• May not capture complex relationships
Applications of Parametric Methods

Parametric methods are widely used in various fields, including:

•Biostatistics: Comparing the effectiveness of different treatments.

•Social sciences: Investigating relationships between variables.

•Finance: Estimating risk and return of investments.

•Engineering: Analyzing the performance of systems.


THANK YOU
MWA

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