STATISTICS
STATISTICS
: deals with the collection, organization Audrey is interested about phones used by
and interpretation of data. the employees in her company.
Population: All employees in the company.
USES OF STATISTICS: Sample: Randomly selected employees e.g.
1. It summarizes data for public use. 10 from each department
2. It aids in decision making:
• Provides comparison VARIABLES
• Explains action that has taken place : characteristics or attribute of persons
• Justifies a claim or assertion or objects which can assume different
• Predicts future outcome values or labels for different person or
• Estimates unknown quantities objects under consideration.
4. Using formulas no
• Yamane’s Formula n=
• Cochran’s Formula n0 − 1
1+
N
CONSIDERATIONS IN SAMPLING
• Define population size or number of n0 = Cochran sample size recommendation
people N= Population
• Designate your margin of error
(associated with SAMPLING TECHNIQUES
confidence interval - how much uncertainty 1. Random Sampling
there is in a statistic) : process whose members have equal
• Determine your confidence level chances of being selected from the
• Predict expected variance population
• Finalize your sample size
TYPES:
CALCULATING SAMPLE SIZE a) Simple Random Sampling
1. YAMANE’S FORMULA : lottery sampling
d) Snowball Sampling
: useful when respondents are hard to
find.