Exam Questions and CORRECT Answers
Skewed right-
1. Long ____ tail
2. Mean and median relationship
3. Box and whiskers plot - where is the median? - CORRECT ANSWER - 1. Right
2. Mean>Median
3. Toward right of box
Skewed left-
1. Long ____ tail
2. Mean and median relationship
3. Box and whiskers plot - where is the median? - CORRECT ANSWER - 1. Left
2. Mean<Median
3. Toward left of box
Independence rules (3) - CORRECT ANSWER - 1. P(A∩B) = P(A) * P(B)
2. P (A∩B/B) = P(A)
3. P (A∩B/A) = P(B)
True or false- Disjoint events are independent - CORRECT ANSWER - FALSE- not
always independent
Permutations rule- does order matter? replacement? - CORRECT ANSWER - Yes. Yes.
Permutations and combinations rule:
- N=
, - n= - CORRECT ANSWER - -N= Total elements
-n= # in group
Permutations formula - CORRECT ANSWER - (N!) / (N-n)!
Combinations rule- does order matter? replacement? - CORRECT ANSWER - No. No
Combinations formula - CORRECT ANSWER - (N!) / n! (N-n)!
Random variables (Mean, Standard Deviation) - CORRECT ANSWER - (sample mean,
σ/√n)
PDF- total area under curve= - CORRECT ANSWER -1
What is the probability that a continuous random variable is equal to any single point? -
CORRECT ANSWER -0
General normal v. standard normal distributions- relationship between mean, median, and mode -
CORRECT ANSWER - General normal: mean=median=mode
Standard normal: mean=median=mode=0
Qualities of a binomial distribution (4) - CORRECT ANSWER - -N IDENTICAL trials
-2 possible mutually exclusive outcomes
-P(success) remains the same form trial to trial
-Independent trials
Binomial distribution - CORRECT ANSWER - X~Bin (n,p)