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Statistics Formulas

The document provides a comprehensive overview of popular statistics formulas, categorized into basic statistics, probability, inferential statistics, and regression. Key formulas include mean, median, mode, variance, standard deviation, and various probability and regression equations. It serves as a reference for essential statistical calculations and concepts.

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mohamedkirat2004
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18 views3 pages

Statistics Formulas

The document provides a comprehensive overview of popular statistics formulas, categorized into basic statistics, probability, inferential statistics, and regression. Key formulas include mean, median, mode, variance, standard deviation, and various probability and regression equations. It serves as a reference for essential statistical calculations and concepts.

Uploaded by

mohamedkirat2004
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Popular Statistics Formulas

1. Basic Statistics Formulas

- Mean:

Mean = (Sum of all values) / (Number of values)

- Median:

Middle value of the dataset when arranged in order.

- Mode:

The value that appears most frequently in the dataset.

- Variance:

Variance = Sum of squared differences from the Mean / (Number of values)

- Standard Deviation:

Std Dev = Square root of Variance

- Range:

Range = Max value - Min value

2. Probability Formulas

- Probability of an event (P):

P(A) = (Number of favorable outcomes) / (Total number of outcomes)


- Conditional Probability:

P(A given B) = P(A and B) / P(B)

- Bayes' Theorem:

P(A given B) = [P(B given A) * P(A)] / P(B)

- Law of Total Probability:

P(A) = Sum of [P(A given Bi) * P(Bi)] for all Bi

3. Inferential Statistics Formulas

- Z-Score:

Z = (X - Mean) / Standard Deviation

- T-Score:

T = (Sample Mean - Population Mean) / (Sample Std Dev / sqrt(n))

- Confidence Interval for Mean (Known Variance):

CI = Sample Mean ± Z * (Population Std Dev / sqrt(n))

- Confidence Interval for Mean (Unknown Variance):

CI = Sample Mean ± T * (Sample Std Dev / sqrt(n))

- Hypothesis Testing (Z-test):

Z = (Sample Mean - Population Mean) / (Population Std Dev / sqrt(n))


- Hypothesis Testing (T-test):

T = (Sample Mean - Population Mean) / (Sample Std Dev / sqrt(n))

4. Regression Formulas

- Simple Linear Regression:

Y = b0 + b1 * X

where,

b1 = Sum[(X - Mean X)(Y - Mean Y)] / Sum[(X - Mean X)^2]

b0 = Mean Y - b1 * Mean X

- Coefficient of Determination (R^2):

R^2 = 1 - [Sum of (Y - Predicted Y)^2 / Sum of (Y - Mean Y)^2]

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