223x Filetype PPTX File size 0.18 MB Source: www.sfu.ca
? “Issue” Questions ? • Is Mathematical Statistics = Theory of Statistics? • Expert vs Practitioner vs Generalist different stats education? • Motivation for practitioner grps? • What undergrad course sequences? – for practitioners – for experts • Motivation for Stats Instructors? Implications for Stats Course Taxonomy ? Some Questions ? • Is Mathematical Statistics = Theory of Statistics? • Expert vs Practitioner vs Generalist different stats education? • Motivation for practitioner grps? • What undergrad course sequences? –for practitioners –for experts • Motivation for Stats Instructors? Basic Theory: More than Math? • Obs Study vs Experiment • Distributions: Averages and Variability • Random Sampling, Estimation • Independence (and dependence) • Time Series • Statistical Significance Example: Dependence When does a portfolio of stocks have enough independence to provide stability of return? One needs to understand the dependence-independence concept A & B independent -> P(A&B)=P(A)*P(B) is not enough Basic Theory: More than Math? • Obs Study vs Experiment • Distributions: Averages and Variability • Random Sampling, Estimation • Independence (and dependence) • Time Series • Statistical Significance Theory = Generally Applicable Concepts (Much more than Mathematics)
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