Exam totestconceptualunderstandingofthetopicsofModule5oftheStudyGuide
Name_
MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the quest
1) In a binomial distribution
A) the results of one trial are dependent on the r
Exam totestconceptualunderstandingoftopicsinModule1oftheStudyGuide
Name_
MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the quest
1) The estimation of the population average family expenditure on food based on the
Exam totestconceptualunderstandingoftopicsinModule3
Name_
MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the quest
1) Which measure of central tendency can be used for both numerical and categorical variables?
1)
Exam totestconceptualunderstandingofthetopicsinModule4oftheStudyGuide
Name_
MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the quest
1) If two events are collectively exhaustive, what is the probability that one o
Exam
Name_
MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the quest
TABLE 2- 2
An insurance company evaluates many numerical variables about a person before deciding on an appropriate rate f
automobile insurance.
Assessment item 2Assignment 2
Due date:
6:00pm, Friday, Week 10
Weighting:
20%
Length:
One file (.doc, .docx, .rtf or pdf) no more than 15 MB
ASSESSMENT
Question 1
2
4 Marks
A large newspaper recently hired a new junior reporter. The junior is sent in to
Discrete Distributions
Week 5
Objectives
On completion of this module you should be
able to:
find expected value, variance and standard
deviation for a discrete random variable,
calculate and interpret covariance,
determine the appropriateness of the bino
Chi-Square Tests
Week 10
Objectives
On completion of this module you should be
able to:
perform and interpret a 2 test for the
difference between two or more proportions
perform and interpret a 2 test of
independence and
perform and interpret a 2 goodn
Confidence Interval
Estimation
Week 8
Objectives
On completion of this module you should be
able to:
calculate and interpret confidence interval
estimates for the mean and proportion,
determine sample size for means and
proportions
understand the applicat
STAT20029
Statistics for Managerial Decisions
Revision Week
Exam Guidelines
Exam is cumulative, which means all the
topics covered in this course in lectures,
study guide and referenced sections of the
textbook are examinable.
Duration of exam is 3 hour
Time Series Forecasting,
Index Numbers
&
Should we believe a statistical study?
Week 12
Objectives
On completion of this module you should be able
to:
describe a multiplicative time series model,
use moving averages and exponential
smoothing,
use these mo
STAT20029
Statistics for Managerial
Decisions
Course, Class and Study Information
Study Material
Textbook
Black et al., 2016, Australasian Business Statistics,
4th edition, Wiley (textbook).
Access to WileyPlus (or similar) will be provided
during the
Sampling Distributions
Week 7
Objectives
One completion of this module you should
be able to:
calculate the standard error of the mean
and explain the effect of sample size on
the standard error,
explain the concept of a sampling
distribution for sample
Assessment item 2Assignment 2
ASSESSMENT
Due date:
6:00pm, Friday, Week 10
Weighting:
20%
Length:
One file (.doc, .docx, .rtf or pdf) no more than 15 MB
Question 1
2
4 Marks
A large newspaper recently hired a new junior reporter. The junior is sent in to
Continuous Distributions
Week 6
Objectives
On completion of this module you should be able to:
calculate areas under the standard normal curve,
solve and interpret problems involving the normal
distribution,
check assumptions of normality,
calculate proba
Numerical Descriptive
Measures
Week 3
Objectives
On completion of this module you will be able to:
calculate and interpret measures of central
tendency (mean, median & mode),
calculate and interpret quartiles, range,
interquartile range, variance and stan
TERM0STANDARDEXAMINATION2014
STATISTICSFORMANAGERIALDECISIONSSTAT20029
INSTRUCTIONS SHEET
1.
Write all answers in the Examination Answer Booklet provided.
2.
This examination comprises three (3) parts, Parts A, B and C.
3.
Answer any three (3) questions f
TERMXSTANDARDEXAMINATIONYEAR
STATISTICSFORMANAGERIALDECISIONSSTAT20029
INSTRUCTIONS SHEET
1.
Write all answers in the Examination Answer Booklet provided.
2.
This examination comprises three (3) parts, Parts A, B and C.
3.
Answer any three (3) questions f
Lecture 14
Nancy Pfenning Stats 1000
Chapter 7: Probability
Last time we established some basic denitions and rules of probability:
Rule 1:
P (AC ) = 1 P (A).
Rule 2:
In general, the probability of one event or another occurring is P (A or B) = P (A) + P