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Final

Quiz yourself by thinking what should be in each of the black spaces below before clicking on it to display the answer.
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Question
Answer
Centeral Limit Theorem   As the sample size n increases without limit, the shape of the distribution of the sample means taken with replacement from a population with mean and standard deviation or will approach a normal distribution.  
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Type I   Occurs if you reject the null hypothesis when it is true.  
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Type II   Occurs if you do not reject the null hypothesis when it is false.  
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Critical Region   The range of calues of the test value that indicates that there is a significant difference and that the null hypothesis should be rejected.  
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Two tailed test   The type of hypothesis in which the alternative claims that the mean is not equal to a particular value rather the claim is greater or less that that value.  
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One tailed test   Either a right tailed test or left tailed test depending on the direction of the inequaliity of the alternavie hypothesis.  
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Degree of freedom for the t test   The number of values that are free to vary after a sample statistic has been computed, and they tell the researched which specific curve to use when a distribution consists of a family of curves.  
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Level of significance   The maximum probability of committing a type I eror.  
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P-value   The probability of getting a sample statistic or a more extreme sample statistic in the direction of the alternative hypothesis when the null hypothesis is true.  
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Permutation   An arrangement of n objects in a specific order.  
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Combination   A selection of distinct objects without regard to order/  
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2 major branches of statistics   Descriptive statistics Inferential Statistics  
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4 reasons why samples are used in statistics   It saves time Less costly Provides room for better accuracy and effectiveness Product conservativeness It allows the use of more qualified hands/professionals and better equipments  
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Standard deviation measure   The sum of dispersion or distance of individual value away from the mean.  
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Outlier   An extremely high or extremely low data value when compared with the rest of the data values.  
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Chebyshev's theorem   The proportion of values from a data set that will fall within k standard deviations of the mean will be at least 1-1/k squared, where k is a number greater than 1 (k is not necessarily an integer).  
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Characteristics of the binomial distribution   Must be a fixed number of trials. Each trial can have only 2 outcomes or can be reduced to 2 considered either success or failure. Outcome of each trial must be independent of one another. The probability of a success must remain same for each trial  
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