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Hello, dear.

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Now, we have discussed about descriptive statistics.

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And descriptive statistics, we have learned about the measures of central tendency like mean median

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mode, we have talked about the different type of distributions that we have and how the distributions

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vary, the respect of the dosis which is present in those.

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Lord, or with respect to the Skewness.

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Apart from that, we have discussed about the measures of offspring, which is ratings on standard deviation.

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Now, all of these are part of descriptive statistics, which basically provide a summary of the data.

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But usually what we will be working with is not the descriptive statistics, but with the inferential

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statistics.

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So let us look at what inferential statistics it's.

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So influential statistics consists of making inferences from samples to populations, hypothesis testing,

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data mining, relationship among variables and making predictions, which is based on the probability

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theory.

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In case of descriptive statistics, we organize the data and we summarize the data.

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In case of inferential statistics, we will be taking up a sample and based on the sample, we will

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make different inferences regarding the population data because usually we will not be able to find

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out everything about the population.

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Finding out the measures regarding the population is a very tedious task.

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For example, we are talking about salaries of all the people in the world.

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Now, calculating the salaries for all the people in the world will take a lot of pain.

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So instead of calculating and summing up the salaries of all people of the world, what we do is we

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take small samples of people from all over the world.

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And then based on these samples, the light of day, we try to find out these salaries, which would

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be belonging to the all the people of the world.

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So this is what inferential statistics is.

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We will have some sample data and based on the sample that we will try to find out about the population.

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Again, we will try to compare different samples and find out if they belong to the population or not

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or if there is some relationship between these two samples or not.

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So these kind of things, which when we do those are called inferential statistics.

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So why do we need this so descriptive statistics describes the data, why the influential statistics

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allows us to make predictions, that is inferences from this data which we have now with inferential

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statistics.

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You can dig the data from samples and generalize about the population, which is we can the mean of

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the sample and then try to find out what would be the mean of the population itself.

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For example, I have a bit of a sample of people who are diabetic.

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So from their diabetes level, I can find out about the diabetes level of people all around the population.

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So why do we need this?

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Inferential statistics provides a view of going from a sample to a population, inflating the barometer's

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of a population from the data on the statistics of the sample.

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So based on the statistics which are belonging to sample, we are trying to find out the bottom of the

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entire population.

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Now, it is usually necessary for a researcher to work with samples rather than the whole population,

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but one difficulty is that a sample is generally not identical to the population which it comes from.

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So it is difficult to find out that the population sample has to be a part of the population completely.

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We need to make sure that the sample is identical to the population and.

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The sample actually represents the population.

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Now, another difficulty is that no samples are the same.

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When we are taking some random values from a population, the values tend to differ.

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We cannot always get the same sample from the population.

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So how can we know which is the best described sample?

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Which sample will actually describe the population?

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So this is why we need rules which will actually be able to relate the samples to the population.

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Now, what a different estimation techniques, how do we actually estimate these values, so there are

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two different approaches for estimating, one being the point destination and another being the interval

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estimation.

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The point dimension, we give one value for a characteristic which is hopefully to lose to the unknown

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value.

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So in case of point destination, what happens is it will try to provide a value for me or it will try

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to provide a value of a standard deviation.

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And based on the standard deviation, we are not really sure if the standard deviation of the sample

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will actually be the standard deviation of the population or the mean which we have calculated for the

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sample will actually be the mean of the population because the samples are generated randomly and because

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these samples are generated randomly, the values in the samples would differ.

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So the mean will each and every day.

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So we need to find out a value which would be exactly similar to the population or which is as close

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as possible to the population.

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So we cannot actually expect to find the precise value describing the population then only using date

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of the sample.

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So when we are finding out some point estimations from the sample, we can not be completely sure that

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the sample mean, which we have calculated will always be equal to the population.

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This is something which we can very easily see because we are not sure how the sample has been generated

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and if this sample actually represent the population.

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So we need to calculate and find out several samples.

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And from those several samples, we will have to find out the mean which will actually justify the population.

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We.

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So we cannot see about a population from just one single sample.

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So what do we do now?

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The other method which we have is interval estimation now, what does interval estimation, though,

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do?

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It gives an interval of likely values.

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So instead of seeing that the mean is 20, it will see that the mean value for the population lies between

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18 and 22.

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And I am 90 percent sure that it will be correct on I am 95 percent sure that this value is always good.

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So what will happen is what I'm trying to say here is that when I say 95 percent confident that I'm

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95 percent confident that the population mean is 20 or or the meanness between 18 and 22.

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So this means that if we do these sampling hundred times, then out of those hundred samples, 95 percent

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of the times, the mean value will lie between 18 and 22.

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This is what this in Doel estimation will actually allow us to.

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So it will give you an interval of likely values where the width of the interval, which is from 18

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to 20.

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So here the word this four.

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So the width of the interval will depend on the confidence to be required to have in this in the.

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So this will be basically dependent on how much confidence.

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So what will happen if I am very, very, very confident?

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So if I am saying that I'm 99 percent confident, so I will have to have a larger window to be 99 percent

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confident.

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I will have to have something like I'm 99 percent sure of the values line between fifteen to twenty

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five.

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So in that case, I can be 99 percent sure now for being 95 percent sure the window will be because

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I am decreasing the window now.

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So by decreasing the window of the estimation, I will be a little less sure because I have to be very

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precise here.

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So if I have something like 18 to 22, so now I can be only 95 percent sure.

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And then when I'm seeing my mean value is between 19 and 21, so in that case, I am only 90 percent

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sure about this.

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So this is what in the world estimation will provide us.

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The smaller the window we are trying to get, the less of the confidence we.

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So that is what usually happens, but we will actually see how we will derive this confidence, how

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we will be driving the values and the intervals, so all these things are what we will be learning in

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these estimation techniques and information statistics.

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So one thing to remember is that statistics never proves anything.

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So with statistics, I can see that of all the people who are drinking coffee will actually have insomnia,

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so I cannot say something like that.

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So it will not give me a causal relationship relationship.

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It will not prove anything.

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It will just indicate a relationship that increases.

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The intake of coffee is high.

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Then the chances of insomnia is also high.

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But it will not to I cannot see that likely that insomnia is caused by Heigl's.

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High amount of coffee.

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So you see the difference between this, when I see it will never prove prove anything.

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So here I am saying that it will not give a causal relationship.

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So an association does not necessarily negate US shortfalls, effect relationship.

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So this means that I'm trying to say I cannot see that golf will cause insomnia, but I can only say

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using statistics that coffee and insomnia go hand in hand.

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So that is something which I consider.

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Now, statistics can always be wrong, however, there are things that researchers can do to improve

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the likelihood that the statistical analysis is correctly identifying a relationship between the lead.

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So here, what we will be doing is we will be trying to find out and trying to make as correct predictions

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as possible.

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But we are not really sure about that.

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We cannot be 100 percent sure about what we will try to be as precise as possible.

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So we will learn about video tapes in the next session.
