Challenge

Basics of Probability and Statistics Week 1 Challenge

1. Why is there a difference in the formula of variance for population and sample

Answer:

Population variance refers to the value of variance calculated from population data, and sample variance is the variance calculated from sample data. Due to this value, the denominator in the formula for variance in the case of sample data is 'n-1', and it is 'n' for population data.
2. Difference between stratified and clustered sampling
BASIS FOR COMPARISON STRATIFIED SAMPLING CLUSTER SAMPLING
Meaning Stratified sampling is one, in which the population is divided into homogeneous segments, and then the sample is randomly taken from the segments. Cluster sampling refers to a sampling method wherein the members of the population are selected at random, from naturally occurring groups called 'cluster'.
Sample Randomly selected individuals are taken from all the strata. All the individuals are taken from randomly selected clusters.
Selection of population elements Individually Collectively
Homogeneity Within group Between groups
Heterogeneity Between groups Within group
Bifurcation Imposed by the researcher Naturally occurring groups
Objective To increase precision and representation. To reduce cost and improve efficiency.
3. How many different samples can be created out of a population of size n
Answer:
For N size of population, the n different samples can be created if there is no replacement
4. What is the probability of drawing 2 jacks from a pack of card
Answer:
The probability of drawing 2 jacks from a pack of cards is: 2/52
(ie,)1/26
5. What is the probability that both the numbers on dice are the same while rolling 2 dice
Answer:

Since, the number of outcomes while rolling a dice = 6

Number of outcomes while rolling two dice = 62

= 36

The Sample Space for rolling a die is given as,

{(1,1) ,(1,2) , (1,3) , (1,4) , (1,5) , (1,6) ,

(2,1) ,(2,2) , (2,3) , (2,4) , (2,5) , (2,6) ,

(3,1) ,(3,2) , (3,3) , (3,4) , (3,5) , (3,6) ,

(4,1) ,(4,2) , (4,3) , (4,4) , (4,5) , (4,6) ,

(5,1) ,(5,2) , (5,3) , (5,4) , (5,5) , (5,6) ,

(6,1) ,(6,2) , (6,3) , (6,4) , (6,5) , (6,6)}

Sample points of getting same number on both dice- (1,1) ,(2,2) ,(3,3) ,(4,4) ,(5,5) & (6,6).

Thus, the number of favourable outcomes = 6

Total number of outcomes = 36

P (getting same number on both dice) = 6/36

= 1/6

Hence, the probability of getting same number on both the dice is 1/6.

6. Why standard deviation when variance can measure the dispersion in data
Answer:
Standard Deviation is best in measuring the dispersion in data than variance because
  1. It is based on all values and thus, provides information about the complete series. Because of this, a change in even one value affects the standard deviation value.
  2. It is independent of origin but not of scale.
  3. It is helpful in advanced statistical calculations like the comparison of variability in two data sets.
  4. It can be used in the testing hypotheses.
  5. It is capable of further algebraic treatment.
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