SS ZG536

ADVANCED STATISTICAL TECHNIQUES

FOR ANALYTICS

BITS Pilani Dr Y V K Ravi Kumar, BITS- Pilani

Pilani|Dubai|Goa|Hyderabad
 BITS Pilani
Hyderabad Campus

L- 4: Descriptive Statistics
 Today…..

 Recall the past for a while_ Conditional probability and

Baye’s theorem & some examples
 Random variables
 Probability distribution
 Examples

Advanced Statistical Techniques for Analytics 01-12-2018 Slide 3

 Conditional Probability
and Baye’s theorem

Advanced Statistical Techniques for Analytics 01-12-2018 Slide 4

Advanced Statistical Techniques for Analytics 01-12-2018 Slide 5
Advanced Statistical Techniques for Analytics 01-12-2018 Slide 6
Advanced Statistical Techniques for Analytics 01-12-2018 Slide 7
Advanced Statistical Techniques for Analytics 01-12-2018 Slide 8
 9
Random Variables
We now introduce a new term
Instead of saying that the possible outcomes are 1,2,3,4,5 or 6, we
say that random variable X can take values {1,2,3,4,5,6}.
A random variable is an expression whose value is the
outcome of a particular experiment.
The random variables can be either discrete or continuous.
It’s a convention to use the upper case letters (X,Y) for the names
of the random variables and the lower case letters (x,y) for their
possible particular values.

Advanced Statistical Techniques for Analytics 01-12-2018 Slide 9

 Random Variables

Definition

Advanced Statistical Techniques for Analytics 01-12-2018 Slide 10

 Random Variables

Examples of Random Variables

Advanced Statistical Techniques for Analytics 01-12-2018 Slide 11

The Probability Function for discrete random variables

We assigned a probability 1/6 to each face of the dice. In the

same manner, we should assign a probability 1/2 to the sides
of a coin.

What we did could be described as distributing the values of

probability between different elementary events:
P(X=xk)=p(xk),k=1,2,…

It is convenient to introduce the probability function p(x) :

P(X=x)=p(x)

Advanced Statistical Techniques for Analytics 01-12-2018 Slide 12

Continuous distribution and the probability density function

A random variable X is said to have a continuous distribution

with density function f(x) if for all a b we have
b
P (a  X  b )   f ( x )dx (1.15)
a

 f (x)  1 (1.16)


P (E )   f ( x )dx (1.17)
E

Advanced Statistical Techniques for Analytics 01-12-2018 Slide 13

Expected Value

E ( X )   X iP( X i )
i 1

Advanced Statistical Techniques for Analytics 01-12-2018 Slide 14

Variance

n
   X  EX  P X i 
2 2
i
i 1

Advanced Statistical Techniques for Analytics 01-12-2018 Slide 15

Advanced Statistical Techniques for Analytics 01-12-2018 Slide 16
 Thanks

Advanced Statistical Techniques for Analytics 01-12-2018 Slide 17