Statistical Literacy Discuss each of the following topics in class or review the topics on your own. Then write a brief but complete essay in which you answer the following questions. (a) What is a null hypothesis H0? (b) What is an alternate hypothesis H1? (c) What is a type I error? a type II error? (d) What is the level of significance of a test? What is the probability of a type II error?
Statistics 401 Notes Statistics is about collecting data, organizing it, summarization, and then analyzing it. Stats Collecting o Ex: Surveys Organization o Grouping the data using graphs or charts Summarization o Finding the average- median, mean, mode o (center and spread of data- Ex: Standard deviation) o The lesser spread of data (smaller range) = a more reliable source because it is more consistent. Ex: Data with outcomes of 30-70 (40 range) is MORE reliable than a range from 0-100 (100 range) o Population is the set of all units under study Population is represented by a sample of these units (random sample).