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C784 STATISTICS FULL COURSE REVIEW EXAM REVISION QUESTIONS AND CORRECT ANSWERS (ALREADY GRADED A+) (LATEST 2025 UPDATE)

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C784 STATISTICS FULL COURSE REVIEW EXAM REVISION QUESTIONS AND CORRECT ANSWERS (ALREADY GRADED A+) (LATEST 2025 UPDATE)

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C784 STATISTICS FULL COURSE REVIEW EXAM REVISION
QUESTIONS AND CORRECT ANSWERS (ALREADY GRADED A+)
(LATEST 2025 UPDATE)



Lurking Variable - Answer -Associated with the explanatory and the response variables that is
not directly

being studied.

Simpson's Paradox - Answer -Occurs when a trend or result that appears in groups of data
disappears

when we combine the data.

Regression Analysis - Answer -A process for estimating and analyzing the relationship between
variables.

Least-Squares Regression Line - Answer -AKA the line of best fit.

y = mx + b

"rise over run"

Interpolation - Answer -Using existing data along with the Least-Squares Regression Line to
make a

prediction.

Extrapolation - Answer -Estimation by projecting OUTSIDE known data points.

p-value - Answer -the probability that a result occurred by chance

Significance Levels in Hypothesis Testing - Answer -Statistically Significant: If a measured p-
value is less

than the significance level.

NOT Statistically Significant: If a measured p-value is MORE than the significance level.

, Empirical Rule - Answer -68 - 95 - 99.7

68% is w/in 1 standard deviation of the mean

95% is w/in 1 standard deviation of the mean

99.7% is w/in 1 standard deviation of the mean

Used for Categorical (Qual) Data - Answer -Bar Chart

Pie Chart

Mean - Answer -Average - adding series then dividing by the total number in that series

Center & Spread Measures - Answer -SYMMETRIC - Mean (center) / Standard Deviation
(spread)

SKEWED - Median (center) / IQR (spread)

CATEGORICAL - Mode (center) / no spread

What is the difference between a bar chart and a histogram? - Answer -BAR CHART -
Categorical data

distributed over groups of categories

HISTOGRAM - Quantitative data distributed over various intervals

Outlier Formula - Answer -1.5 x IQR above Q3 or below Q1

Graphical Displays for Quantitative Variables - Answer -HISTOGRAMS - large data sets

STEM PLOTS - keeps individual data points

DOT PLOTS - smaller data sets

BOX PLOTS - center, spread and 5 number summary

SCATTER PLOTS - x,y axis

5 Number Summary - Answer -Min - Q1 - Median - Q3 - Max

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