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STAT 503 FINAL EXAM QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS VERIFIED

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STAT 503 FINAL EXAM QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS VERIFIED Is a quantitative variable always measured in numbers? Yes Is any measurement that you record from a sample a variable? False What is a statistic? 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... Left What is sensitive to outliers? Median Formula to calculate standard deviation s = sqrt(sum(x1-xbar)^2 / n-1) How to calculate degrees of freedom? n-1 What is the first quartile? Median of lower half What is the third quartile Median of upper half What is included in a box plot summary? Q0 = minimum Q1 = median of lower half Q2 = median Q3 = median of upper half Q5 = maximum What is the the interquartile range (IQR)? Q3 - Q1 (shown inside box plot) What is an outlier? Any data that is Q3 + 1.5IQR or Q1 - 1.5 IQR When is a phenomenon random? When it has uncertain outcomes in a short run (sample) but show regular distribution in a long run (population) What is an outcome? Observation of a variable What is a probability model? 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) P(AB) = P(A) P(B|A) = P(B) P(A|B) What is the addition rule? (disjoint) P(A or B) = P(A) + P(B) - P(AB) If A and B are disjoint, the must be dependent. TRUE

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STAT 503 FINAL EXAM QUESTIONS AND ANSWERS WITH

COMPLETE SOLUTIONS VERIFIED


Is a quantitative variable always measured in numbers?

Yes

Is any measurement that you record from a sample a variable?

False

What is a statistic?

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...

Left

What is sensitive to outliers?

Median

Formula to calculate standard deviation

s = sqrt(sum(x1-xbar)^2 / n-1)

How to calculate degrees of freedom?

n-1

What is the first quartile?

Median of lower half

What is the third quartile

Median of upper half

What is included in a box plot summary?

, Q0 = minimum

Q1 = median of lower half

Q2 = median

Q3 = median of upper half

Q5 = maximum

What is the the interquartile range (IQR)?

Q3 - Q1 (shown inside box plot)

What is an outlier?

Any data that is Q3 + 1.5IQR or Q1 - 1.5 IQR

When is a phenomenon random?

When it has uncertain outcomes in a short run (sample) but show regular distribution in

a long run (population)

What is an outcome?

Observation of a variable

What is a probability model?

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)

P(AB) = P(A) P(B|A) = P(B) P(A|B)

What is the addition rule? (disjoint)

P(A or B) = P(A) + P(B) - P(AB)

If A and B are disjoint, the must be dependent.

TRUE

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