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Unit 8: Probability & Statistics Practice Quiz
Sharpen skills with practice and answer key
Study Outcomes
- Understand core probability concepts including independent and dependent events.
- Calculate and interpret measures of central tendency and variability.
- Apply probability rules to solve real-world problems.
- Analyze data using appropriate graphical representations.
- Evaluate statistical conclusions based on sample data.
Unit 8 Probability & Stats Answer Key Cheat Sheet
- Understand the 68 - 95 - 99.7 Rule - Roughly 68% of data falls within one standard deviation of the mean, 95% within two, and 99.7% within three. This rule is perfect for predicting spread and finding outliers. OpenStax: Normal Distributions
- Learn to construct and interpret scatter plots - Scatter plots map one variable against another, letting you spot trends, clusters, or rogue outliers instantly. They're a visual powerhouse for understanding relationships! The Core Standards: Scatter Plots
- Master calculating and interpreting confidence intervals - Confidence intervals craft a range where the true population value likely sits, pairing your point estimate with a margin of error. They highlight how precise your stats really are. Quizlet: Confidence Intervals
- Grasp the concept of standard error - Standard error gauges how much your sample statistic might wiggle around the true population parameter. Smaller standard errors mean more reliable, rock-solid estimates! Quizlet: Standard Error
- Understand the importance of random sampling - Random sampling gives every individual an equal shot at selection, cutting bias and boosting result reliability. It's the unsung hero behind trustworthy studies. CliffsNotes: Random Sampling
- Learn about the Central Limit Theorem - The Central Limit Theorem promises that bigger sample sizes make the distribution of sample means look normal, even from weird populations. It's the backbone of inferential stats! OpenStax: Central Limit Theorem
- Familiarize yourself with hypothesis testing - Hypothesis testing is your statistical courtroom: you assume a parameter value, gather sample evidence, then decide if there's enough proof to reject the status quo. Quizlet: Hypothesis Testing
- Understand the difference between correlation and causation - Correlation shows variables moving together but doesn't prove one causes the other - no sneaky cause-and-effect conclusions! Always dig deeper before claiming a true causal link. The Core Standards: Correlation vs. Causation
- Learn to calculate and interpret p-values - A p-value measures how likely your data could occur under the null hypothesis. Tiny p-values shout "reject the null!" and give your results some serious cred. Quizlet: P-Values
- Understand the concept of statistical power - Statistical power is the chance you'll catch a real effect, influenced by sample size, effect magnitude, and the alpha level. Higher power means fewer false negatives. Quizlet: Statistical Power