STATISTICS PORTAGE CNSL 503 EXAM 3 QUESTIONS AND ANSWERS 2026

STATISTICS PORTAGE LATEST
CNSL 503 EXAM 3
The larger the standard error, the ____ you would expect the sampling
error to be. - ANSWERS-larger


How do you reduce the standard error? - ANSWERS-increase sample
size


probability - ANSWERS-the likelihood of a certain outcome occurring


outcome - ANSWERS-the possible result of an observation


formula for probability of discrete variables - ANSWERS-p(A)=
(number of ways A can happen)/(total number of outcomes)


Probability must be between ____. - ANSWERS-0 and 1


0= - ANSWERS-no chance happening


1= - ANSWERS-happens all the time


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, STATISTICS PORTAGE LATEST
CNSL 503 EXAM 3
Probability cannot be ... - ANSWERS-negative or greater than 1


Probability is usually reported as a.... - ANSWERS-decimal


Probability is the same as.... - ANSWERS-proportion


relative frequency method - ANSWERS-repeating observations many
times and counting the number of times an outcome occurs


formula for relative frequency method - ANSWERS-p(A)= (number of
times A happened)/(total number of observations)


statistical significance - ANSWERS-when a result is not likely to be
from the population (far into extremity/outlier)


p value - ANSWERS-the probability of obtaining the sample statistic
observed or more extreme from the original population




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