Basic Statistical Symbols
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C |
A
distribution, also called the distribution for the independent variable |
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U |
A
distribution that is that the not same as X, also called the dependent
variable |
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SC |
Sum
all the elements [numbers] in the distribution |
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SC2 |
Square
all the elements [numbers] then add them to each other |
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(SC)2 |
Add
all the elements then square the summation |
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N |
The
number of elements in a population distribution |
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n |
The
number of elements in a sample distribution |
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X1 |
The
first element [number] in a distribution |
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X2 |
The
second element [number] in a distribution |
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Xn |
The
last element in a distribution |
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… |
All
the elements between two points in a distribution |
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SCY |
Multiply
X1 by Y1, X2 by Y2, …, Xn by Ynand
sum the distribution |
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a |
Greek
letter for alpha: the intercept or a type I error |
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b |
Greek
letter for beta: the slope or a type II error |
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s |
Greek
letter for sigma, meaning the standard deviation for the population |
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s |
Letter
s, meaning the standard deviation for the sample |
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s2 |
Letter s square, meaing the variance for the sample | |
| s1 | In a time series, the first data point; subscripts note the location of the data point | |
| sn – 1 | In a time series, the second to the last data point. | |
| sn | In a time series, the last data point. | |
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m |
Greek
letter mu, meaning the [arithmetic] mean of the population |
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Also call "X-bar" meaning the [arithmetic] mean of the sample | |
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Md |
Median |
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Mo |
Mode |
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Gm |
Geometric
mean |
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Hm |
Harmonic
mean |
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[*] Population
vs Sample
The population includes all objects of interest whereas the sample is only
a portion of the population. Parameters are associated with populations and
statistics with samples. Parameters are usually denoted using Greek letters
while statistics are usually denoted using Roman letters.