MAT 540 Statistical Concepts for Research

An Introduction to the course MAT 540 Statistical Concepts for Research: A branch of science that deals with the collection, organization, analysis of data, and drawing of inferences from the samples to the whole population are called Statistics.

The process of statistics requires a proper design of the study, an appropriate selection of the study sample, and the choice of a suitable statistical test. Improper statistical methods may result in erroneous conclusions, which may lead to unethical practice.

Topics introduced under the course MAT 540 Statistical Concepts for Research are as follows:

• Graphical description of data;
• Measures of location and dispersion,
• Probability,
• Discrete and continuous random variables,
• simple linear regression,
• correlation.

Correlation quantifies the direction and strength of the relationship between two numeric variables, X and Y, and always lies between -1.0 and 1.0.

Simple linear regression is a statistical method that allows us to summarize and study relationships between two continuous (quantitative) variables.

This course MAT 540 Statistical Concepts for Research explains how to apply selected statistical techniques to a wide variety of problems and situations arising in the areas of business, management, psychology, social science, economics, finance, health, and education. This course MAT 540 Statistical Concepts for Research topics include graphical description of data; probability; discrete and continuous random variables; measures of location and dispersion; sampling distributions & estimation; confidence intervals, simple linear regression and hypothesis tests; and correlation. 

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