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Review Chapter 1-3. Exam 1 25 questions 50 points 90 minutes 1 attempt Results will be known once the exam closes for everybody.

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Presentation on theme: "Review Chapter 1-3. Exam 1 25 questions 50 points 90 minutes 1 attempt Results will be known once the exam closes for everybody."— Presentation transcript:

1 Review Chapter 1-3

2 Exam 1 25 questions 50 points 90 minutes 1 attempt Results will be known once the exam closes for everybody

3 Questions Hypothesis Testing Calculation of Type I and II from problem setting Statistical signficance Definition and interpretation of Type I and II Type of hypothesis – Right-tailed, left-tailed, two sided

4 Sampling Different sampling schemes Which is applicable in what situation Difference between cluster, stratified, and simple random sampling When to sample

5 Statistical Inference and Estimation What is it? Where is it used? Difference between statistic and parameter

6 Types of Data Quantitative vs. Qualitative Nominal, ordinal vs ratio, interval Cross sectional vs time series

7 Measures Mean, median, mode, percentile calculations From raw data From frequency distribution Difference between symmetric and skewed distribution Interpretation of the measures

8 Variability Range, IQR, Standard Deviation, Variance Interpretation Calculations Units Box Plots Interpretation Calculation


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