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Chapter00 Getting Started

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You are on page 1/ 24

Math 2200

Getting Started

Chapter GS, Slide 1

Learning Objectives
In this course you learn:
That the volume of data that exists in the world makes learning
about statistics critically important
That statistics is a way of thinking that can help you make better
decisions
How the DCOVA framework for applying statistics can help you
solve problems
What analytics is and how these techniques represent an
opportunity for you
How to make best use of this book
How to prepare for using Microsoft Excel or Minitab with this book

Chapter GS, Slide 2

In Todays World You Cannot


Escape From Data

In todays digital world ever increasing amounts


of data are gathered, stored, reported on, and
available for further study.

You hear the word data everywhere.

Data are facts about the world and are


constantly reported as numbers by an ever
increasing number of sources.
Chapter GS, Slide 3

Each Person Faces A Choice Of How To


Deal With This Explosion Of Data

They can ignore it and hope for the best.

They can count on other peoples summaries of


data and hope they are correct.

They can develop their own capability and


insight into data by learning about statistics and
its application to your area.

Chapter GS, Slide 4

Statistics Is Evolving So Organizations Can


Use The Vast Amount Of Data Available
The emerging field of Analytics makes extensive
use of:

Data
Statistical and quantitative analysis
Explanatory & predictive models
Fact based management

to drive decisions and actions.

Chapter GS, Slide 5

To Properly Apply Statistics You Should Follow A


Framework To Minimize Possible Errors

In this course, we will use DCOVA

Define the data you want to study in order to


solve a problem or meet an objective
Collect the data from appropriate sources
Organize the data collected by developing
tables
Visualize the data by developing charts
Analyze the data collected to reach
conclusions and present results
Chapter GS, Slide 6

Using The DCOVA Framework


Helps You To Apply Statistics To:

Summarize & visualize data

Reach conclusions from those data

Make reliable forecasts about organizational


activities

Improve organizational processes


Chapter GS, Slide 7

Definition Of Some Terms


DCOVA
VARIABLE
A characteristic of an item or individual.
DATA
The set of individual values associated with a variable.
STATISTICS
The methods that help transform data into useful
information for decision makers.
Chapter GS, Slide 8

Are These Numbers Useful In


Making Decisions

A survey of 1,179 adults 18 and over reported


that 54% thought that 15 seconds was an
acceptable online ad length before seeing free
content.

A survey of more than 3,000 full-time traditionalage students found that the students spent 51%
of their time on socializing, recreation, and other
activities; 9% of their time attending class/lab;
and 7% of their time studying.
Chapter GS, Slide 9

Without Statistics You Cant

Determine if the numbers in these studies are


useful information

Validate claims of causality

See patterns that large amounts of data


sometimes reveal

Chapter GS, Slide 10

Are These Numbers Useful


Making
A In
survey
taken in a largeDecisions
statistics class at Penn State University

contained the question "What's the fastest you have ever driven a
car? ______mph." The data provided by the 87 males and 102 females
who responded are listed here.
Males 110 109 90 140 105 150 120 110 110 90 115 95 145 140 110 105 85 95 100 115 124 95 100
125 140 85 120 115 105 125 102 85 120 110 120 115 94 125 80 85 140 120 92 130 125 110
90 110 110 95 95 110 105 80 100 110 130 105 105 120 90 100 105 100 120 100 100 80 100
120 105 60 125 120 100 115 95 110 101 80 112 120 110 115 125 55 90
Females 80 75 83 80 100 100 90 75 95 85 90 85 90 90 120 85 100 120 75 85 80 70 85 110 85
75 105 95 75 70 90 70 82 85 100 90 75 90 110 80 80 110 110 95 75 130 95 110 110 80 90
105 90 110 75 100 90 110 85 90 80 80 85 50 80 100 80 80 80 95 100 90 100 95 80 80 50
88 90 90 85 70 90 30 85 85 87 85 90 85 75 90 102 80 100 95 110 80 95 90 80 90

From these numbers, can you tell which gender tends to have driven
faster, and by how much? Notice how difficult it is to make sense of
the data when you are simply presented with a list.

Chapter GS, Slide 11

Two Different Branches Of


Statistics Are Used In Everywhere
Statistics
The branch of mathematics that transforms data into
useful information for decision makers.

Descriptive Statistics

Inferential Statistics

Collecting, summarizing,
presenting and analyzing data

Using data collected from a


small group to draw conclusions
about a larger group

Chapter GS, Slide 12

Statistics: An Important Part of


Your Overall Education

You need analytical skills for the increasingly datadriven environments.

Studies show an increase in productivity,


innovation, and competitiveness for organizations
that embrace analytics.

To quote Hal Varian, the chief economist at Google


Inc., the sexy job in the next 10 years will be
statisticians. And Im not kidding.
Chapter GS, Slide 13

Typical student perception of the


introductory statistics course

Its a math course


Ill never use anything from this course in my
other courses and after I graduate
This is a required course that somehow, some
way, I will have to get through and complete

Chapter GS, Slide 14

Combatting Misperceptions

Show relevance of statistics by providing


examples drawn from the functional areas you
study
Emphasize interpretation of statistical results
over mathematical computation
Give plenty of practice in learning how to apply
statistics
Illustrate how to use statistical software to assist
decision making
Link course content to current trends
Chapter GS, Slide 15

Relevance of Statistics

Just as computers are used in courses beyond


the computer course, statistics is used in
courses beyond the statistics course
Each statistics topic will be presented in an
applied context related to a functional area
A topics focus will be on its
Emphasis on interpretation of results

Chapter GS, Slide 16

Interpretation of statistical results over


mathematical computation

This Introductory statistics course recognizes


the growing need to interpret statistical results
that computerized processes create.
This makes the interpretation of results more
important than knowing how to execute the
tedious hand calculations required to produce
them
Interpretation includes the evaluation of the
assumptions and a discussion of what should be
done if the assumptions are violated
Chapter GS, Slide 17

Practice, practice, practice

100s of practice questions (with solutions) are


provided
You will practice working problems in small
groups in class
You will be encouraged to look beyond the
statistical analysis of data to the interpretation
of results in a managerial context

Chapter GS, Slide 18

Statistical software to
assist
decision
making
Statistical software will be demonstrated
Computers in the real world typically contain
programs with statistical functions
Integrating statistical software into all aspects of
an introductory statistics course allows the
course to focus on interpretation of results
instead of computations

Chapter GS, Slide 19

Software and Statistics

Software will be used only to demonstrate statistical


methods.
This course relies on these software packages:
Basic Microsoft Excel statistical functions
Minitab -- a dedicated statistical analysis package.
@ http://www.minitab.com/en-us/products/minitab/

Either a statistical calculator, Excel or Minitab can


be used to learn and practice the statistical
methods in this course.

Chapter GS, Slide 20

How To Use This Book

The scenarios at the beginning and end of each


chapter provide

Realistic situations that the chapters topics can help


address
Context which is an important part of the learning process

Throughout each chapter you will find Excel and


Minitab solutions to problems.
Numerous case studies are provided so you can

Apply what you have learned


Enhance your analytical & communication skills
Chapter GS, Slide 21

Book Companion Site


http://bcs.whfreeman.com/bps6e/#t_719417____

Vocabulary flashcards
Online quizzes
Data sets
Statistical Applets
Tables and Formulas
Statistical Profiles
Errata boo-boos

Chapter GS, Slide 22

Basic Computing Skills You Need To


Use
Chapter
Software
Guides
Basic Skill
Specifics
Identification of
application window
objects

Title bar, minimize/resize/close


buttons, scroll bars, formula bar,
workbook area, cell pointer,
shortcut menu. For Excel only,
pane and these Ribbon parts: tab,
group, gallery, and launcher button

Knowledge of mouse
operations

Click (also called select), check and


clear, double-click, right-click,
drag/drag-and-drop

Identification of dialog
box objects

Command button, list box, drop-down


list, edit box, option button, check box
Chapter GS, Slide 23

Summary
We have seen:
That the volume of data that exists in the world makes learning
about statistics critically important
That statistics is a way of thinking that can help you make
better decisions
What analytics is and how these techniques represent an
opportunity for you
How the DCOVA framework for applying statistics can help you
solve problems
How to make best use of this book & its supplements
How to prepare for using software with this book

Chapter GS, Slide 24

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