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55 Cards in this Set
- Front
- Back
What are the symbols for population and sample mean?
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What are the symbols for population and sample variance?
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What are the symbols for population and sample standard deviation?
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Define variance
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How far the population is spread about the mean
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Define standard deviation
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The square root of the variance.
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Define Parameter
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Descriptive Measure about a population
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Define statistic
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Descriptive Measure about a sample
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What are the 3 types of data
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Interval
Ordinal Nominal |
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What is the most appropriate measure of central location for interval data?
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mean, median, and/or mode are all appropriate
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What is the most appropriate measure of central location for ordinal data?
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Median
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What is the most appropriate measure of central location for nominal data?
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Mode
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According to the empirical rule, what percentage of all observations fall within:
1 standard deviation 2 standard deviations 3 standard deviations |
1. 68%
2. 95% 3. 99.7% |
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Describe Chebysheff's theorum
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The proportion of observations in any sample or population that lie within K standard deviations of the mean is at least:
1-(1/K^2) for K>1 |
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What is type of distribution is the empirical rule used for?
What distribution is chebysheff's rule used for? |
Empirical: normal
Chebysheff: skewed |
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How can variability be compared with multiple sets of interval data?
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By using the coefficient of variation?
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What is the formula for the coefficient of variation?
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CV = standard deviation/mean
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What does the interquartile range equal? What does this measure?
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Q3-Q1
Measures the spread of the middle 50% of the observations. |
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What do large values of the interquartile range indicate?
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That first and third quartile are far apart and that there is high variability in the data.
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In a box plot, if the line is left of center, then the data is skewed______?
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Skewed to the right (or positively)
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In a box plot, if the line is right of center, then the data is skewed ______?
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Skewed to left (or negatively)
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In a box plot, what do points outside the whiskers represent?
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Outliers
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How are outliers identifified using the interquartile range?
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Outliers will exist
Above: Q1+1.5(IQR) Below: Q1-1.5(IQR) |
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What is the R^2 value?
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R^2 is the coefficient of determination. It is the proportion in the dependent variable explained by the independent variable.
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an R^2 value of .75 means...?
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.75 of Y (dependent) is caused by X (independent). .25 of Y is unexplained.
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What are the methods of data collection?
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direct observation
experiments surveys personal inteview telephone interview |
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What are the types of sampling plans?
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convenience sampling
Stratified Proportional stratified Cluster Systematic |
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Define cluster sampling
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First dividing population into clusters, then take random sample of clusters, then take random sample of elements in each cluster.
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Define systematic sampling
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Random every nth item selected.
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What are the types of errors in sampling. Define them.
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Sampling errors: when sample mean is different from population mean (margin of error)
Non-sampling error: error not caused by sampling |
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What are the types of non sampling errors?
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Random errors - unpredictable. The larger the population the more random error cancels out.
Systematic error - error in question design, non-responsive, biased answers. |
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What are the measures of reliability?
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Confidence and Significance Level
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Define confidence level
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The proportion of times an estimation procedure will be correct
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Define significance level
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How frequently a conclusion will be incorrect in the long run.
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A confidence level of 95% means that the significance level is______%
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CL or 95% = SL of 5%
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What are the 3 approaches to probability?
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Classical/Theoretical
Subjective Approach Relative Frequency Approach |
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Describe the classical approach to probability
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Can only use when events are equally likely
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Describe the relative frequency approach to probability
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Collect data, conduct an experiment, obtain and organize results.
P(a)=frequency/sample size Approximate probabilities |
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How do you find the number of marginal probabilities that exist in a table?
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Add the rows and columns to find the number of marginal probabilities
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What is the notation for the probability of event A given event B?
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P(A|B)
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How is it determined If event A and event B are independent?
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if P(A|B) = A, then A and B are independent.
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P(A|B) =
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P(A|B) = P(A and B)/P(B)
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If A and B are independent, the P(A and B) =
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P(A and B) = P(A) * P(B)
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If A and B are not independent, then P(A and B) =
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P(A and B) = P(A)*P(B|A)
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P(A or B) =
What kind of probability does this describe? |
P(A or B) = P(A) + P(B) - P(A and B)
Compound probability |
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If events A and B are mutually exclusive, then P(A or B) =
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P(A or B) = P(A) + P(B)
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Class width =
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(largest observation - smallest observation)/number of rows desired
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Relative frequency =
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Relative frequency = frequency occurred in row divided by total sample frequencies.
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Cumulative relative frequency =
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Cumulative relative frequency = Relative frequency accumulated
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Cumulative frequency =
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Cumulative frequency = frequency accumulating
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What is an ogive?
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A cumulative frequency graph. Always goes upward, never downward. Uses relative frequency. It shows what percentage of the sample is below a certain number.
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What is a stem and leaf plot?
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A graphical depiction of observation in a sample. The first digit = Stem, Second digit = leaf.
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When is a histogram symmetric?
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When mean=median=mode
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When are histograms skewed to the right? left?
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skewed right = mean is to the right of median
skewed left = mean is to the left of median |
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What are the 3 measures of variation?
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Range
Variance Standard Deviation |
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Class Width =
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(Largest observation - Smallest Oberservation)/class width
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