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STA 261 Final Miami University Latest Update Actual Exam from Credible Source with 235 Questions and 100% Verified Detailed Correct Answers Guaranteed A+ Approved by Professor

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STA 261 Final Miami University Latest Update Actual Exam from Credible Source with 235 Questions and 100% Verified Detailed Correct Answers Guaranteed A+ Approved by Professor

Institution
STA 261 Miami University
Course
STA 261 Miami University

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STA 261 Final Miami University Latest Update
2024-2025 Actual Exam from Credible Source
with 235 Questions and 100% Verified Detailed
Correct Answers Guaranteed A+ Approved by
Professor

1 Mean t-interval Assumptions - CORRECT ANSWER: Randomly obtained
Normal DIstribution


1 Proportion Plus 4 z-interval Assumptions - CORRECT ANSWER: Randomly obtained
Not enough samples: np<15, n(1-p)<15


2 Proportions z-test/z-interval Assumptions - CORRECT ANSWER: Randomly obtained
Categorical
At Least 10 Successes and Failures


3 types of probability - CORRECT ANSWER: Subjective (personal probability), empirical
(formulas), Experimental (results of a random experiment)


Alternate hypothesis - CORRECT ANSWER: to determine whether a population
proportion is different from a specified value (two-tailed)
determine whether the proportion is less than the value (left-tailed)
determine whether the proportion is more than a specified value (right-tailed)


Association - CORRECT ANSWER: describe the relationship between the two variables
positive, negative, none

,Bar graph - CORRECT ANSWER: frequency of the x-axis value is related to height of
the bar
bars don't touch


Binomial Distribution - CORRECT ANSWER: fixed number of trials
2 possible outcomes
Probability of success is the same each trial
independent


Blocking - CORRECT ANSWER: used in experiments- group similar experimental units
together


Bootstrap - CORRECT ANSWER: resample with replacement from the sample
distribution (bootstrap sample)
Resample a lot of sets of observations from the original sample distribution
Create distribution of point estimates from the samples (bootstrap distribution)


case control study - CORRECT ANSWER: subjects who have response outcome of
interest is case, subjects with other outcome is control


Categorical Data Charts - CORRECT ANSWER: Pie chart, bar graph, pareto chart


Categorical variable - CORRECT ANSWER: non-numerical variable with different
categories


Center of distributions - CORRECT ANSWER: Mean- symmetric
Median- skewed


CLT Assumptions - CORRECT ANSWER: Randomly obtained
10% of the population or less

, Independent
At least 15 successes and failures


Cluster random sampling - CORRECT ANSWER: split population in representative
groups called clusters
use random sampling to pick a few clusters
perform a census on those


Coefficient of determination, r^2 - CORRECT ANSWER: determines the percentage of
variation in the observed values of the response variable that is explained by the
regression line


Complement of an event - CORRECT ANSWER: the event doesn't occur


Conditional Probability - CORRECT ANSWER: P(A|B) = P(A&B)/ P(B)
probability that A will occur if B already occured


Confidence interval - CORRECT ANSWER: point estimate and adding/subtracting the
margin of error


Confidence Interval for 1 Population Proportion Assumptions - CORRECT ANSWER:
Randomly Obtained
np>15, n(1-p)>15


Confidence interval for the slope of a regression line - CORRECT ANSWER: slope of a
line represents the change in the response variable resulting from an increase in the
explanatory variable by 1 unit


Confidence Intervals for Beta Parameters - CORRECT ANSWER: contains zero,
explanatory may have no effect on the response

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