SOCECOL 13 Lecture Notes - Lecture 1: Statistical Inference, Descriptive Statistics, Big Data
28 Sep 2016
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Document Summary
Lecture #1: state, state-craft (the art and science of governing a state or nation), decision-making with big data, 2 types of major decision-support tools. Descriptive statistics compresses or distills complicated situations into a few more easily grasped elements. Inferential statistics starts with a few well-formed but simple elements and reconstructs complicated situations. Chapter 1: the benefits and risks of using statistics benefit: enables us both to acquire a simpler grasp of complicated situations and to reconstruct complicated situations from simple summaries risk: poorly executed, stats can mislead or worse.
