Compare And Contrast Statistics And Statistics

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1. The taking of samples, known as sampling, is a process. Samples are the results of the process. When sampling, there are three important things to remember including staying unbiased, collecting a large sample, and minimizing the sampling errors. First, if you focus on staying unbiased, that will further help you realize that it is solely off of your parameter estimate which cannot be too high or too low. The closer to the center of the true parameter value, the more unbiased you will be during the act of sampling. Second, sustaining a large sample size will result in a smaller margin of error in your results which leads to the third most important thing about sampling which is minimizing your sampling errors. Sampling errors are caused …show more content…

Statistics is not math and math is not statistics. They are two separate things though they both use numbers and have some similarities, they have many differences. When trying to solve a math problem, you could use the internet, a calculator, or even a pencil and a piece of paper to eventually get the correct answer. Math problems have one solution and answer no matter how you solve the problem. Statistics will never leave you with a hundred percent confidence that your answer is correct. When answering statistics, you have to figure out why the answer is what it is or what you think it is and be okay with not being completely confident. Also, statistics is all about taking the information provided and give it a meaning and a reason to be …show more content…

Nate Silver is a well known American statistician who examines sports and politics. His methodology he used to predict the 2008 presidential election between Barrack Obama and John McCain was seen as unreasonable by political commentators. These politicians were not used to being wrong or in other words, less accurate than someone such as Silver because he was simply a statistician. The commentators also didn’t understand how he could be so accurate and so detailed about the end results of the election. Silver missed only one state out of fifty which was Indiana and he missed it by one percent which is impressive to see one be so spot on. By forming a sampling distribution and aggregating each state, he was able to be statistically close to the end results and the people didn’t expect Obama to win the election which resulted in people not believing him because he wasn’t one to know

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