Unit 4
Unit 5
Unit 6
Equations
Bonus
100

Define Simulation

The imitation of chance behavior, based on a model that accurately reflects the situation (Book definition)

100

Continuous variables

Result from measuring something

100

If the equation =

np10 or n(1-p)10

It is approximately normal

100

m=np

Mean for binomial distributions

100

What is the purpose of reducing variability when collecting data?

To increase accuracy

200

Describe an event

An event is any collection of outcomes from some chance process (Book definition)

200

If knowing the value of X does not help us predict the value of Y, then X and Y are...

independent random variables.

200

Central limit theorem (CLT)

as sample size increases, the distribution of sample means approaches a normal distribution —regardless of the population's original distribution shape

200

Square root: [np(1-p)]

Standard deviation for binomials

200

The probability that a randomly selected visitor to a certain website will be asked to participate in an online survey is 0.40. Avery claims that for the next 5 visitors to the site, 2 will be asked to participate in the survey.

Is Avery interpreting the probability correctly?

A.) Yes, because participants in the survey are selected at random

B.) Yes, because 2 out of 5 is equal to 40%.

C.) No, because 0.40 represents probability in the long run over many visits to the site.

D.)No, because there could be voluntary response bias.

C.) No, because 0.40 represents probability in the long run over many visits to the site.

300

If a fair coin is tossed five times and the outcomes are TTTTT, then the probability that tails appears on the next toss is

a.) 0.5

b.) less than 0.5

c.) greater than 0.5

d.) 1

a.) 0.5

300

Discrete random variable

Results from counting something

300

Why might a researcher decide to expand the population of people being tested/surveyed when collecting data?

To reduce variability

300

P(x=k)=n(kp(1-p)n-k

Binomial formula

300

Following a recent dramatic drop of 500 points in the Dow Jones Industrial Average, a poll conducted for the Associated Press found that 92% of those polled said that a year from now their family financial situation will be as good as it is today or better. Which of the following terms describes the number 92%?

A.) Population

B.) Statistic

C.) Parameter

D.) Variable

B.) Statistic

400

True or false: The probability of any event is a number between 0 and 1.

True

400

True or false: Adding or subtracting a constant affects the distribution of a quantitative variable and the probability distribution of a random variable in exactly the same way.

True

400

Define Variability

How spread out the sampling distribution is

400

Z= x - mean / standard deviation

Z-score Formula

400

Selling eggs that are contaminated with salmonella can cause food poisoning in consumers. A large egg producer randomly selects 200 eggs from all eggs shipped in one day. The laboratory reports that 9 of these eggs had salmonella contamination. Identify the population, parameter, and the sample.

Population: All eggs shipped in one day

Parameter:Proportion of eggs shipped that day with salmonella

Sample: 200 eggs examined

500

You read in a book about bridge that the probability that each of the four players is dealt exactly 1 ace is approximately 0.11. This means that:

a.) in every 100 bridge deals, each player has 1 ace exactly 11 times.

b.) in 1 million bridge deals, the number of deals on which each player has 1 ace will be exactly 110,000.

c.) in a very large number of bridge deals, the percent of deals on which each player has 1 ace will be very close to 11%.

d.) in a very large number of bridge deals, the average number of aces in a hand will be very close to 0.11.


c.) In a very large number of bridge deals, the percent of deals on which each player has 1 ace will be very close to 11%.

500

Describe the relationship between randomness and probability

Probability describes the likelihood of outcomes in random processes

500

What is an unbiased estimator

Center equals the true value

500

Meanx = np

Geometric distribution formula

500

Value: 1, 2, 3, 4, 5

Probability: 0.1, 0.2, 0.3, 0.3, ?

What is the probability of value 5?

P: 0.1