Chap 4: Summary & prediction

1. Format for summary is the same as format for prediction

Assign a probability to each possible outcome.

  • For categorical variables: a listing of the levels and a probability assigned to each.

  • For quantitative variables:
    • Detailed: the distribution function
    • Concise: the 95% summary interval

2. Means and standard deviations

  • In joke form: > A statistician can have his head in the oven and his feet in the freezer, and he will say that on average he feels fine.

  • Vague description of mean w.r.t. data: the best single representative value
    • Do we want to encourage students to use just a single value?
    • Representative of what?
    • Historical connection to the “ideal”
  • Standard deviation
    • Weird name
    • Too small to cover much of data
    • No name for mean ± 2 standard deviations
    • Refers to center without any need

3. An alternative to the standard deviation

Average square distance (ASD) between all pairs of values

  • Corresponds to \(\sqrt{2} \sigma\)
  • Easily converted to a simple, robust form: use absolute value instead of square.

Normal PDF:

\[ \frac{1}{\sqrt{2 \pi \sigma^2}} \ e^{-\frac{(x - \mu)^2}{2 \sigma^2}}\]

Why the 2?

Normal PDF written with the ASD:

\[ \frac{1}{\sqrt{\pi S^2}} \ e^{-\frac{(x - \mu)^2}{S^2}}\]