Summary

This document provides a comprehensive study guide for a statistics exam, based on previous tests. It covers fundamental concepts like levels of measurement, data types, descriptive statistics, sampling methods, probability, confidence intervals, and linear regression.

Full Transcript

Statistics Exam Review Comprehensive Study Guide Based on Previous Tests Levels of Measurement 1. Nominal: Categories without order (e.g., favorite colors). 2. Ordinal: Categories with order (e.g., rankings). 3. Interval: Ordered data with meaningful differences, no true...

Statistics Exam Review Comprehensive Study Guide Based on Previous Tests Levels of Measurement 1. Nominal: Categories without order (e.g., favorite colors). 2. Ordinal: Categories with order (e.g., rankings). 3. Interval: Ordered data with meaningful differences, no true zero (e.g., temperature). 4. Ratio: Ordered, meaningful differences, true zero (e.g., age, height). Data Types 1. Quantitative: Numerical data (e.g., age, income). - Discrete: Countable values (e.g., number of books). - Continuous: Measured values (e.g., height, weight). 2. Qualitative: Categorical data (e.g., hair color, favorite food). Descriptive Statistics 1. Measures of Central Tendency: - Mean: Average value. - Median: Middle value. - Mode: Most frequent value. 2. Measures of Spread: - Range: Difference between max and min. - Standard Deviation: Spread of data around the mean. Sampling Methods 1. Random Sampling: Every individual has an equal chance. 2. Systematic Sampling: Every nth individual is selected. 3. Stratified Sampling: Population divided into groups, samples taken from each. 4. Cluster Sampling: Population divided into groups, entire groups are sampled. Probability Basics 1. Complement Rule: P(A') = 1 - P(A). 2. Example: Rolling a die. - P(rolling a 6) = 1/6. - P(not rolling a 6) = 5/6. 3. Binomial Probability: - Mean: μ = n × p. - Standard Deviation: σ = √(n × p × (1-p)). Confidence Intervals 1. Formula: CI = x̄ ± z × (σ / √n). 2. Key Terms: - x̄: Sample mean. - z: Z-score (based on confidence level). - σ: Standard deviation. - n: Sample size. Linear Regression & Correlation 1. Regression Equation: y = mx + b. - m: Slope. - b: Intercept. 2. Correlation Coefficient (r): - Measures strength of relationship. - Values range from -1 to 1.

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