Podcast
Questions and Answers
What does it mean for two events to be mutually exclusive?
What does it mean for two events to be mutually exclusive?
Mutually exclusive events cannot occur at the same time.
What are the two branches of statistics?
What are the two branches of statistics?
Descriptive and Inferential Statistics
How do you write the notation for 2 events that are independent?
How do you write the notation for 2 events that are independent?
P(A and B) = P(A) * P(B)
What is a Z score? List the characteristics. Include the formula.
What is a Z score? List the characteristics. Include the formula.
How do we define population? How is a sample different from a population?
How do we define population? How is a sample different from a population?
Give an example of a population and its sample.
Give an example of a population and its sample.
Describe the difference between quantitative and qualitative variables/data. Give examples.
Describe the difference between quantitative and qualitative variables/data. Give examples.
Describe the difference between descriptive and inferential data. Give examples.
Describe the difference between descriptive and inferential data. Give examples.
Why would you subset your data?
Why would you subset your data?
How do you make a Horizontal Bar Chart?
How do you make a Horizontal Bar Chart?
What graphical tool is best used to display the relative frequency of a numerical variable?
What graphical tool is best used to display the relative frequency of a numerical variable?
Can you understand a frequency table, find relative frequency?
Can you understand a frequency table, find relative frequency?
How do you find relative frequency?
How do you find relative frequency?
What is the difference between relative frequency and percent frequency?
What is the difference between relative frequency and percent frequency?
If I spent 35% of my weekly budget on food and my monthly budget was $200 how much money did I spend on Food?
If I spent 35% of my weekly budget on food and my monthly budget was $200 how much money did I spend on Food?
Define Frequency!
Define Frequency!
What proportion of the observations are at least 18 but less than 24?
What proportion of the observations are at least 18 but less than 24?
What statistic is MOST influenced by outliers?
What statistic is MOST influenced by outliers?
At a local bar...What is the probability that a randomly selected customer orders beer?
At a local bar...What is the probability that a randomly selected customer orders beer?
Given that the camera was purchased at Amazon.com, the probability that it that is was a Canon brand is _______
Given that the camera was purchased at Amazon.com, the probability that it that is was a Canon brand is _______
What is a statistic?
What is a statistic?
Do you remember mean, median, and mode? Which one is most influenced by outliers?
Do you remember mean, median, and mode? Which one is most influenced by outliers?
Can you use a table to take a statistic like a percent or relative frequency and find the number given the population size?
Can you use a table to take a statistic like a percent or relative frequency and find the number given the population size?
What is the empirical rule?
What is the empirical rule?
What is the most common statistics to show dispersion?
What is the most common statistics to show dispersion?
What is Variance, what does it show, and how is it related to standard deviation?
What is Variance, what does it show, and how is it related to standard deviation?
What is covariance?
What is covariance?
How can an event be collectively exhaustive?
How can an event be collectively exhaustive?
What is a union in probability and what is the notation?
What is a union in probability and what is the notation?
What is the intersection of 2 events in probability notation?
What is the intersection of 2 events in probability notation?
The intersection of events A = {The Porch, Louie's, The Library, O'Connell's} and B = { The Library, O'Connell's, Logies, Volare} is _______
The intersection of events A = {The Porch, Louie's, The Library, O'Connell's} and B = { The Library, O'Connell's, Logies, Volare} is _______
The union of events A = {The Porch, Louie's, The Library, O'Connell's} and B = { The Library, O'Connell's, Logies, Volare} is _______
The union of events A = {The Porch, Louie's, The Library, O'Connell's} and B = { The Library, O'Connell's, Logies, Volare} is _______
When looking at the probability of an event, all the probabilities must add up to _______
When looking at the probability of an event, all the probabilities must add up to _______
When an event has one outcome we call that an _______ event.
When an event has one outcome we call that an _______ event.
What is a sample space? What would the sample space be for letter grades in this class?
What is a sample space? What would the sample space be for letter grades in this class?
What does the complement of A given sample space S mean?
What does the complement of A given sample space S mean?
What is the correlation coefficient, the formula, and if given numbers can you calculate it?
What is the correlation coefficient, the formula, and if given numbers can you calculate it?
If you are given variance how do you get the Standard deviation?
If you are given variance how do you get the Standard deviation?
If the average on exam 1 is an 85 with a standard deviation of 1.5, what is the probability you score less than 75?
If the average on exam 1 is an 85 with a standard deviation of 1.5, what is the probability you score less than 75?
If the average on exam 1 is an 85 with a standard deviation of 1.5, what is the probability you score greater than a 90?
If the average on exam 1 is an 85 with a standard deviation of 1.5, what is the probability you score greater than a 90?
Flashcards
Mutually Exclusive Events
Mutually Exclusive Events
Events that cannot occur at the same time. If one event happens, the other cannot.
Branches of Statistics
Branches of Statistics
Descriptive statistics summarize data, while inferential statistics makes predictions or inferences about a population based on a sample.
Independent Events Notation
Independent Events Notation
P(A|B) = P(A). The occurrence of one event does not affect the probability of the other.
What is a Z-score?
What is a Z-score?
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Population vs. Sample
Population vs. Sample
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Quantitative vs. Qualitative Data
Quantitative vs. Qualitative Data
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Descriptive vs. Inferential Statistics
Descriptive vs. Inferential Statistics
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Why Subset Data?
Why Subset Data?
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Horizontal Bar Chart
Horizontal Bar Chart
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Best graph for numerical variable's relative frequency?
Best graph for numerical variable's relative frequency?
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Define Frequency
Define Frequency
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How to find Relative Frequency?
How to find Relative Frequency?
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Relative Frequency vs. Percent Frequency
Relative Frequency vs. Percent Frequency
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Define Frequency
Define Frequency
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Outlier Influence
Outlier Influence
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What is a Statistic?
What is a Statistic?
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Mean, Median, and Mode
Mean, Median, and Mode
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Empirical Rule
Empirical Rule
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Common Statistics for Dispersion
Common Statistics for Dispersion
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Variance
Variance
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What is Covariance?
What is Covariance?
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Collectively Exhaustive Events
Collectively Exhaustive Events
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Union in Probability
Union in Probability
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Intersection of 2 Events
Intersection of 2 Events
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Intersection of Events
Intersection of Events
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Union of Events
Union of Events
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Sum of all probabilities
Sum of all probabilities
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Event with one outcome
Event with one outcome
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What is a Sample Space?
What is a Sample Space?
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The Complement of A
The Complement of A
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Study Notes
- Exam 1 will consist of 40 questions to be answered in 50 minutes.
- The exam is in person, on paper, and a scantron will be provided.
Mutually Exclusive Events
- Be able to give an example.
Branches of Statistics
- There are two branches of statistics.
Independent Events Notation
- Be able to write the notation for 2 events that are independent.
Z Score
- Be able to define a Z Score.
- Know its characteristics.
- Know the formula.
- Be able to calculate if given numbers.
Population vs. Sample
- Understand how population is defined.
- Understand how a sample differs from a population.
- Be able to give an example of a population and its sample.
Variable Data
- Differentiate between Quantitative and Qualitative variables/data and give examples.
- Differentiate between Descriptive and Inferential data and know examples.
Data Subset
- Understand why you would subset your data.
Horizontal Bar Chart
- Know how to make a Horizontal Bar Chart.
Numerical Variable
- Understand what graphical tool is best used to display the relative frequency of a numerical variable.
Frequency Table
- Be able to understand a frequency table.
- Be able to find relative frequency.
Relative Frequency
- Understand how to find relative frequency.
- Understand the difference between relative frequency and percent frequency.
Budget Calculation
- If 35% of a weekly budget of $200/month is spent on food, then be able to calculate the exact amount spent on food.
Frequency
- Be able to define frequency
Observations Proportion
- Be able to calculate the proportion of observations in a frequency table
Influenced Statistic
- Determine is statistic is most influenced by outliers
Probability Calculation
- Determine what is the probability that a randomly selected customer orders beer, with information on customer orders.
Camera Probability
- Given that a camera was purchased at Amazon.com, the probability that it was a Canon brand is blank.
Data Types
- Differentiate between Time series data compared to cross-sectional data.
Statistic definition
- Be able to define statistics.
Measures of Central Tendency
- Remember mean, median, and mode.
- Identify which is most influenced by outliers.
Frequency
- Use a table to take a statistic like a percent or relative frequency and find the number given the population size
Empirical Rule
- What is the empirical rule
Dispersion
- What are the most common statistics to show dispersion.
Variance
- Define Variance.
- What does it show.
- How is it related to standard deviation.
Covariance
- Be able to define covariance
Exhaustive Event
- How can an event be collectively exhaustive?
Union in Probability
- Define ‘union’ in probability, know the notation.
Intersection of Events
- Define ‘intersection’ of events in probability notation.
- The intersection of events A = {The Porch, Louie's, The Library, O'Connell's} and B = {The Library, O'Connell's, Logies, Volare}
Union of Events
- Describe the union of events A = {The Porch, Louie's, The Library, O'Connell's} and B = { The Library, O'Connell's, Logies, Volare}
Probability
- When looking at the probability of an event, all the probabilities must add up to blank.
- When an event has one outcome, is termed a blank event.
- Define what a sample space is, and provide an example of the sample space for letter grades in a class.
- Define what the complement of A given sample space S means.
Correlation Coefficient
- Define the correlation coefficient, including the formula.
- Calculate if given numbers.
Standard Deviation
- If given variance, how do you get the standard deviation?
Exam Score Probability
- If the average on exam 1 is 85 with a standard deviation of 1.5, what is the probability you score less than 75 or score greater than a 90?
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Description
Concepts for exam 1 include mutually exclusive events, branches of statistics, independent events notation, and Z scores. Differentiating between population and sample, quantitative/qualitative variables, and descriptive/inferential data is important. Creating horizontal bar charts and understanding data subsets are tested.