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Statistics

Author: Paul Hannan

Source: Intro Music by Mark Hannan; Public Domain Soda Can; Public Domain: http://bit.ly/10hfIpz Graph Created by Paul Hannan

Video Transcript
Terms to Know
Cause and Effect

A relationship where change in one variable causes the other variable to change.

Correlation

A close and simultaneous relationship between two or more variables.

Descriptive Statistics

A form of statistical analysis that seeks to make statements about the most "typical" member of a group.

Hawthorne Effect

An effect that occurs when subjects of a study change their behavior in response to being studied.

Inferential Statistics

Applying statistical data from a group or sample to the larger population as a whole.

Mean

The arithmetic average of a set of numbers.

Median

The middle point in a set of numbers.

Mode

The most frequently occurring number in a set.

Spurious Correlation

A false correlation that is often the result of an unaccounted variable.