What statistical concepts should every person know in order to get a better understanding of social science research, such as economics, sociology, psychology, etc.?
As a psychologist, I see a lot of value in understanding the following:
- population vs. sample vs. data
- independent vs. dependent variable
- causation vs. correlation vs. regression
- moderation vs. mediation
- gaussian vs. bayesian statistics
Hope it's not to much. Thanks!
Asked by Povilas Godliauskas
Thanks for the question! This is a broad one. Let me talk about one point for now.
Binary outcome VS multi-option(or even continuous) outcomes.
We(people) tend to generalise everything to binary - yes/no outcomes too much.
1. Profit or Loss
2. Success or Failure
3. Happy or Sad
4. Political right or left
However, world is more complex than that. Thus we should think more about multi-option outcomes. Maybe this way we could better understand social phenomena and each other.
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