Data Variables & Units

transcript

Variables & Units

Statistics(The field of) Statistics is the systematic study of data.

The word “data” is plural…

“The data are the price gains of 200 stocks on the NYSE.”

Singular? “Datum.” (Uncommon.)

Shares of Exxon-Mobil gained 2.3%. The datum is 2.3%.

What characterizes data is variability.

Variables / Statistical Units

Units of observation: Set of entities (things / objects) being studied

Variable: An attribute of each unit

Suppose X describes a variable and U describes the units.

“X varies among the (statistical) units.”

Units:

Math 158-800 students.

Variable:

Gender.

Gender is a Categorical Variable

Gender varies among Math 158-800 students.

Units:

Math 158-800 students.

Variable:

Number of FB friends.

Number of FB friends is a Quantitative Variable

Number of FB friends varies among Math 158-800 students.

1. An experiment was conducted to test the performance of four brands of batteries in three different environments (room temperature; hot and humid; cold). For each combination of brand and environment, batteries were put into a flashlight. The flashlight was then turned on and allowed to run until the light went out. The amount of time until the flashlight stopped shining (in minutes) was recorded. Do brand and environment play a role in the lifetime of these batteries?Minutes are measurement units. Most quantitative variables have a measurement unit. If I want the measurement unit, I’ll say exactly that. By “unit” I mean “unit of observation” = thing / object that is studied.

2. 55 year old men are recruited into a study about heart attacks. The heart rate of each man is recorded. Each is tracked for a one-year period, and whether or not he has a heart attack is determined.

3. A student runs an experiment to study the effect of tire pressure on gas mileage. He devises a system so that his car uses gasoline from a one-liter container. Each time the container is filled, he randomly selects a tire pressure between 20 and 35 psi, then drives the car at 60 mph on a divided highway. When he runs out of gas, he records the distance driven on that fill. Does tire pressure impact the distance driven?

Something like “drives” would also suffice for the units.

The units are the countries (of the world).

Describe a variable.

Write the sentence

_________ varies among __________.

Is the variable quantitative or categorical?

The units are the countries (of the world).

Write the sentence

_________ varies among countries.

Is the variable quantitative or categorical?

GDP per capita and LongevityCountry GDP / person Longevity (years)

Qatar $86006 75.6

U. S. $47440 78.2

Spain $30589 80.9

[world average] $10433 67.2

Haiti $1317 60.9

12NOT a unit

Qatar $86006 75.6

U. S. $47440 78.2

Spain $30589 80.9

Haiti $1317 60.9

Types of variablesQuantitative Variable

Naturally measured as numbers for which ordering and at least some of the usual operations (addition, multiplication, subtraction, etc.) make sense.

DiscreteAll the possible values are easily listed

Frequent “ties”

Often count or related to counts

ContinuousTechnically: “ties” are impossible

In practice ties are uncommon

Types of variablesCategorical Variable

Not quantitative (usually verbal, but sometimes expressed as numbers having little or no number meaning).

Virtually all categorical variables are discrete. So, the term discrete is rarely used in speaking about categorical variables – it is redundant.

DistributionA variable’s distribution is a description of what values it takes and how often it takes them.

Categorical VariablesDistributions are always summarized in terms of percents (falling into each category).

Quantitative VariablesThere are many ways to summarize quantitative variables. Among them:

Mean + Standard Deviation

Median + Interquartile Range

Purposes of variablesExplanatory and Response Variable

Changing the value of the explanatory variable (EV) results in a change in the distribution of the response variable (RV).

Loosely: A change in the explanatory variable alters the prediction of the response variable.

Variable:

Form of study.

Units:

The (200) college students involved in the experiment.

Form of study varies from student to student.

Variable:

Score on the short answer test.

Units:

The (200) college students involved in the experiment.

Score on the short answer test varies from student to student.

Experimental study

The explanatory variable is assigned (often by the people conducting the study).

Units do not enter the study with a value for this variable.

Observational study

The explanatory variable is a characteristic of the unit.

StatisticsData vary

A population is a collection of all the units of interest. If we have information on all the units of a population we have a complete description of the variation in the data. Such a description of a population is a census. Characteristics of populations are parameters.

A sample is an incomplete collection of units from the population. A sample necessarily provides incomplete information. Characteristics of samples are called (the word) statistics.

In Class SurveyG:

Your gender (M or F)

Guess your instructor’s age

Which finger is longer?

I = Index R = Ring S = same

How many people are there who have the

same mother and father as you do?

What company is your cell phone carrier?

How long was the last call you received on your phone?

In a data table each unit takes a row; each variable occupies a column.

Column headers identify variable names.

There are other ways to organize data, and some are preferable when the idea is to display the data efficiently. However, in most cases, a data table is how data are organized in a spreadsheet.

Here are the monthly fees (in $) paid by a random sample of 50 users of internet service providers in 2008:

42 31 33 34 65 47 37 38 32 40

32 36 31 42 32 32 72 42 45 37

41 46 39 38 34 31 41 51 42 37

32 42 31 43 40 32 37 34 44 41

36 34 45 45 42 35 39 83 30 39

VARIABLE: ____________

UNITS: ____________

Here are the monthly fees (in $) paid by a random sample of 50 users of internet service providers in 2008:

42 31 33 34 65 47 37 38 32 40

32 36 31 42 32 32 72 42 45 37

41 46 39 38 34 31 41 51 42 37

32 42 31 43 40 32 37 34 44 41

36 34 45 45 42 35 39 83 30 39

VARIABLE: Monthly fee (for use of internet)

UNITS: Users of internet service

User Monthly Fee ($)

User 1* 42

User 2* 31

User 3* 33

*Perhaps identified by name? (Names aren’t given here.)

Often, unit identifiers will not be given or displayed.

You can start almost any problem in this course by first asking:

What are the units?

What is the variable?

Variables / Statistical UnitsThe units are the companies listed on the New York Stock Exchange.

Write the sentence

variable

_________ varies from company to company.

Is the variable quantitative or categorical?If quantitative, is it discrete or continuous?

29NOT a unit

Qatar $86006 75.6

U. S. $47440 78.2

Spain $30589 80.9

Haiti $1317 60.9

: : :Parameters

Not statistics

Distribution

The distribution of a variable tells us what values it takes and the likelihood of those values.

User Monthly Fee ($)

User 1* 42

User 2* 31

User 3* 33

What the fees are.

How often those fees occur.

Car model Vehicle typeTransmission

typeNumber of cylinders

City MPG

Highway MPG

BMW 3030CI Subcompact Automatic 6 19 27

BMW 3030CI Subcompact Manual 6 21 30

Buick Century Midsize Automatic 6 20 29

Chevrolet Blazer 4-wheel drive Automatic 6 15 20

City MPG

Highway MPG

UNITSVARIABLES (there are 5)

varies from unit to unit.X (Variable)

City MPG

Highway MPG

varies from car model to car model.City MPG

City MPG

Highway MPG

varies from car model to car model.Number of cylinders

City MPG

Highway MPG

varies from car model to car model.Transmission type

City MPG

Highway MPG

CATEGORICAL VARIABLETransmission type

City MPG

Highway MPG

QUANTITATIVE VARIABLECity MPG

Mutual Fund CategoryNet assets ($ millions)

2008 return Expense Ratio

Fidelity Low-Priced Stock

Small cap value

19,378 -36.2% 0.98%

Price International Stock

International 3,828 -48.0% 0.87%

Vanguard 500 IndexLarge cap blend

74,886 -37.0% 0.15%

Mutual Fund CategoryNet assets ($ millions)

2008 return Expense Ratio

Fidelity Low-Priced Stock

Small cap value

19,378 -36.2% 0.98%

Price International Stock

International 3,828 -48.0% 0.87%

Vanguard 500 IndexLarge cap blend

74,886 -37.0% 0.15%

VARIABLES (there are 4)UNITS

Data Variables & Units

Documents