This document contains a summary of key concepts in statistics:
- Statistics involves collecting and analyzing data to make inferences about populations. It has two broad areas: descriptive statistics which organizes data, and inferential statistics which makes conclusions about populations based on samples.
- Variables can be either qualitative (represent categories) or quantitative (represent numerical amounts). Examples of each are given.
- Random variables assign numerical values to outcomes of experiments. They can be either discrete (countable outcomes) or continuous (measured on a scale). Examples of each are provided.