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For Some Leftover Books - Final Exam Prep Flashcards | StudBud
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For Some Leftover Books - Final Exam Prep
For Some Leftover Books - Final Exam Prep
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Comprehensive Concept Only Final Exam
Flashcards
61 cards
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Practice quiz
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Questions
61
Answers
1
If we compare the relationship of swim times to number of practices attended, swim times are:
dependent variable
independent variable
2
A general upward or downward movement in the data:
seasonal
cyclical
random
trend
3
If take 20/100 dortitos in 1st probability calc, and 19/99 in my 2nd probability, and so on. We use hypergeo because:
with deviation
without deviation
without replacement
with replacement
4
We can measure
discrete data
variable data
continuous data
rounded or squared data
5
The Crypto Street Menu Data Set Is:
Radiance
Algorithmic
Time Series
Cross Sectional
6
A sample which every member of the population has an equal chance of being chosen:
Resample, or Bootstrap
Non Probability, or Convenience Sample
Systematic Sample
A simple random sample
7
Baskin Robins offers 31 flavors, 5 different topping, and 3 sizes, we would use:
permutation
multiplication
combination
Baye's theorem
8
If the data is right skewed, you use:
Uniform Probability Distribution
Normal Probability Distribution
Exponential Probability Distribution
Hypergeometric Probability Distribution
9
The lower the MAD, the better the forecast
False
True
10
In 2 ^K >= n Rule, The K stands for:
don't remember
number of data points
number of rules
number of classes
11
If the test value is less than the critical value, you should accept the null hypothesis.
True
False
12
The probability an employee is Hourly and Salary is known as:
union
mutually deterministic
intersection
mutually exclusive
13
If I pulled 5 student GPAs from this class that would be
predictive data
sample data
algorithmic data
population data
14
The name of a sandwich on a menu is which type of data?
Ordinal
Ratio
Interval
Nominal
15
If the data is symmetrical skewed, you use:
Hypergeometric Probability Distribution
Normal Probability Distribution
Uniform Probability Distribution
Exponential Probability Distribution
16
If the data is symmetrical, and I want to calculate the prob a z score is 2.0 or less, in excel I would use:
Norm.S.Inv
Norm.Distribution
Norm.S.Distribution
Norm.Inv
17
If swim times to practices has an R squared of 80%, it means:
80% of swim times can be explained by practices
20% of swim times can be explained by practices
80% of practices can be explained by swim times
20% of practices can be explained by swim times
18
We can calculate the probability of event A occuring given that event B occurs by using
permutation
multiplication
combination
Baye's theorem
19
The price field on a menu is:
ordinal
nominal
ratio
interval
20
To predict swim time based on 10 practices attended, using ypred = Bo plus B1*X, the 10 practices is:
B1
Bo
X
21
Which of the following is uniform distribution?
A
B
C
none of the above
22
Which prob is used when counting the number of occurrences over period of time, distance, or area?
Binomial Distribution
Vertical Distribution
Poisson Distribution
Hypergeometric Distribution
23
If pop mean is 120, and I wanted to know the probability the sample mean is less than 115, the z-score will be:
cubed
negative
positive
squared
24
Which of the following is not a smoothing method
Poisson Distribution
Weighted Moving Average
Simple Moving Average
Exponential Smoothing
25
In Stratified Sampling, we
take 32/100 soph if soph represent 32% of the student pop
We take many small samples dozens if not hundreds of times to est pop mean
We take every 10th student if we have 1k for example
tell Jerry to bring better treats so we remember this
26
What is the relative frequency of sophomores?
0.20
0.15
0.35
0.30
27
sample means of large-sized samples will be normally distributed regardless of shape of their pop distributions is:
Central Limit Theorem
Bayes theorem
The Empirical Rule
Binomial Probability Distribution
28
Which of the Three Are Not One of The Three Branches of Statistics:
Deviation
Predictive
Inferential
Descriptive
29
Using xbar minus Mu for sampling error, if UT has pop mean of 3 and class has sample mean of 2, what is sampling error?
2
-2
1
-1
30
The larger the sample size...
the larger the margin of error needed
none of the above
the smaller the margin of error that is needed
31
The probability an employee is Hourly OR in accounting is known as:
union
intersection
mutually exclusive
mutually deterministic
32
The probability an employee is Hourly and in accounting is known as:
mutually exclusive
intersection
union
mutually deterministic
33
A consistent pattern in the data associated with a calendar
random
trend
seasonal
cyclical
34
A point estimate is a single value that best describes the population of interest such as:
The Sample Mean
The Standard Deviation
Weight Lifting Class
Margin of Error
35
I've been selling 15 cars a day for the last 15 days, I expect to sell a total of 300 cars this month is an example of:
Empirical Data
Descriptive Statistics
Predictive Statistics
Inferential Statistics
36
If the average family in America spends $1,000 on flights for a vacation, stdev is 100, student spent $1,200, what is z?
10
1
2
100
37
If the stdev is not known, to calculate margin of error in excel, use:
norm.s.dist
confidence.t
t.inv
confidence.norm
38
If I have a max of 100 and a min of 50 and 2 classes, using (Max-Min)/K formula, what is the width we should use?
25
50
150
100
39
To calculate the critical value if I do not know stdev in excel, I use:
confidence.t
standardize
norm.s.dist
t.inv
40
6.) I have 100 M&Ms in a bag, 20 are red. To calculate the prob 2 are red, I would use:
dividend rule
exponential rule
multiplication rule
rules are over rated
41
After sorting the data from smallest to largest, the data point in the middle is known as the:
mean
algebraic center
mode
median
42
If there are only two possible outcomes for a trial, it is known as
poisson distribution
binomial distribution
hypergeometric distribution
algebraic distribution
43
The probability that I will draw 3 Kings out of a 52 card deck example of:
subjective probability
deterministic probability
classical probability
empirical probability
44
A resample, or bootstrap is
Every sample has equal chance
A sample drawn simply because they are easily accessible
Many samples are repeatedly drawn from an available population
A sample where you take every kth member of the population
45
If pop data is symmetrical, and I want to calculate the prob flight costs are $1,200 or less, in excel I would use:
Norm.Inv
Norm.S.Distribution
Norm.S.Inv
Norm.Distribution
46
If website has AOV of 500, margin of error or 50, UCL and LCL are:
(550, 450)
(550, 650)
47
If 0.47 of the students are Freshman and Sophomores, that is
relative frequency
ordinal frequency
cummulative relative frequency
mean absolute deviation
48
Which of the following are TWO tail tests
Ho: p <= 0.54 (status quo); H1 > 0.54
none of the above
Ho: = 0.54 (status quo); H1 = 0.54
49
Which of the following CAN be used for continuous data?
weight
count of people
inventory
none of the above
50
The variation of the data from the mean is known as
standard deviation
median
coeficient of variation
mode
51
Ch. 1. Which of the following data types can be divided by 2?
Ordinal
Nominal
Ratio
Interval
52
Lindsay wants to determine if changes she has made reduce customer wait times to < 7 minutes. What is alt hypethsis:
Ho: Mu >=7 minutes
none of the above
H1: Mu <7 minutes
53
If we want to determine how many orders of finish are possible for the first 4 positions? We would use:
permutation
multiplication
Baye's theorem
combination
54
Weighted average has a MAD of 2.0, exponential 3.0. simple 2 period moving 4.0, which forecast method do we use?
simple moving
weighted average
exponential
exponential with trend
55
If the mean equals the median, the data is
determinable
left skewed
right skewed
symmetrical
56
Based on my expertise, I predict Bitcoin will go up next year
empirical
classical
identical
subjective
57
If Google had an average stock price of $1k, and the coefficient of variation was 10%, what is my standard deviation
1,000
100
10%
none of the above
58
Which of the following is a discrete data set?
Time
Number of Employees
Weight
Height
59
The sum of the data points (average) divided by the count is the:
median
algorithm
mode
mean
60
If the stdev is known, to calculate margin of error in excel, use:
t.inv
confidence.t
confidence.norm
norm.s.dist
61
I am 95% confident that the average age of my customer is between 32 - 35 years
Inferential
predictive
determinitive
descriptive