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STAT 503 Final EXAM Comprehensive Questions (Frequently Tested) with Verified Answers.

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STAT 503 Final EXAM Comprehensive Questions (Frequently Tested) with Verified Answers.

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Statistics Portage CNSL 503
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Statistics Portage CNSL 503

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STAT 503 Final EXAM Comprehensive
Questions (Frequently Tested) with
Verified Answers
Is a quantitative variable always measured in numbers? - Answer: Yes



Is any measurement that you record from a sample a variable? - Answer: False



What is a statistic? - Answer: The measure that is taken from the whole sample as a summary of
the sample



Sample data skewed to the left, then longer tail is at the... - Answer: Left



What is sensitive to outliers? - Answer: Median



Formula to calculate standard deviation - Answer: s = sqrt(sum(x1-xbar)^2 / n-1)



How to calculate degrees of freedom? - Answer: n-1



What is the first quartile? - Answer: Median of lower half



What is the third quartile - Answer: Median of upper half



What is included in a box plot summary? - Answer: Q0 = minimum

Q1 = median of lower half

Q2 = median

, Q3 = median of upper half

Q5 = maximum



What is the the interquartile range (IQR)? - Answer: Q3 - Q1 (shown inside box plot)



What is an outlier? - Answer: Any data that is Q3 + 1.5IQR or Q1 - 1.5 IQR



When is a phenomenon random? - Answer: When it has uncertain outcomes in a short run
(sample) but show regular distribution in a long run (population)



What is an outcome? - Answer: Observation of a variable



What is a probability model? - Answer: A mathematical description of a random phenomenon
consisting of 2 parts (sample space and way of assigning probability to event)



What is the multiplication rule? (independent) - Answer: P(AB) = P(A) P(B|A) = P(B) P(A|B)



What is the addition rule? (disjoint) - Answer: P(A or B) = P(A) + P(B) - P(AB)



If A and B are disjoint, the must be dependent. - Answer: TRUE



Why is a probability tree diagram used? - Answer: To show multiple variables according to
stages (the order that they happen)



What is written on each segment in a probability tree? - Answer: A conditional probability

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