Math 243: Midterm 2 Review - Probability and Statistical Inference, Exams of Probability and Statistics

A review of key concepts from chapters 4 and 5 of math 243, focusing on probability, sample proportions, sample means, confidence intervals, and significance tests.

Typology: Exams

Pre 2010

Uploaded on 07/23/2009

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Math 243: Review for Midterm #2
Disclaimer: This review sheet is intended as a study aid only.
Chapter 4
Probability
Parameter, statistic, population, sample, sample size
Sample proportion ˆp:
µˆp=p, σˆp=sp(1 p)
n
ˆpp
σˆp
=ˆpp
qp(1 p)/n N(0,1)
Sample mean ¯x:
µ¯x=µ, σ¯x=σ
n
Central limit theorem:
¯xµ
σ¯x
=¯xµ
σ/nN(0,1)
Chapter 5
Confidence intervals:
meaning of a confidence interval
general formula
¯x±zσ¯x,¯x±zσ
n,¯x±margin of error
margin of error: m=zσ¯x=zσ
n
1
pf2

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Math 243: – Review for Midterm #

Disclaimer: This review sheet is intended as a study aid only.

Chapter 4

  • Probability
  • Parameter, statistic, population, sample, sample size
  • Sample proportion ˆp:

μpˆ = p, σpˆ =

√ p(1 − p)

n

p ˆ − p

σpˆ

pˆ − p √ p(1 − p)/n

≈ N (0, 1)

  • Sample mean x¯:

μx¯ = μ, σ¯x =

σ √ n

Central limit theorem:

x¯ − μ

σx¯

x¯ − μ

σ/

n

≈ N (0, 1)

Chapter 5

  • Confidence intervals:
    • meaning of a confidence interval
    • general formula

x¯ ± z

∗ σx¯, x¯ ± z

∗ σ √ n

, x¯ ± margin of error

  • margin of error: m = z

∗ σx¯ = z

∗ (^) √σ n

  • sample size:

n =

( z∗σ

m

) 2

  • Significance tests:

(1) State H 0 , Ha

(2) General formula:

H 0 z-value of the z-test Ha P-value

μ = μ 0

z =

x¯ − μ 0

σ¯x

μ > μ 0

μ < μ 0

μ 6 = μ 0

P (Z > z)

P (Z < z)

2 P (Z > |z|)

(3) Assess statistical significance at level α. Reject H 0 at the α level of

significance if P-value ≤ α; Don’t reject H 0 at the α level of significance

if P-value > α