The study of how things are inter-related.
Typically, students are introduced to the concept of Probablity and Permutations.
Students are then introduced to Averages, Mean, Mode, Standard Deviation, Frequency and Graphing.
Frequency Distribution Graphing introduces the “Bell Curve”, Skewness, tail analysis and advanced concepts related to Sampling theory and Populations and the related errors that indicate further analysis techniques to use and techniques that are not good to use.
Many statistical tools depend on standard normal distribution, the absence of a normal distribution requires special analysis techniques, failure to follow this guideline will result in a erroneous analysis.
We will go through the concepts of Model specification and Regression Analysis.
I will try and give examples of how to use these techniques, and address some guidelines for what to use when and what not to use and why.