100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
EXST 2201 Exam 2 Questions and Answers Graded A+ $11.99   Add to cart

Exam (elaborations)

EXST 2201 Exam 2 Questions and Answers Graded A+

 15 views  0 purchase
  • Course
  • EXST 2201
  • Institution
  • EXST 2201

EXST 2201 Exam 2 Questions and Answers Graded A+ What is the purpose of hypothesis testing in statistics? The purpose of hypothesis testing is to determine whether there is enough evidence in a sample to support a specific claim or hypothesis about a population. What does a Type I error ...

[Show more]

Preview 4 out of 108  pages

  • October 23, 2024
  • 108
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • EXST 2201
  • EXST 2201
avatar-seller
ExcellentScores
EXST 2201 Exam 2 Questions and
Answers Graded A+
What is the purpose of hypothesis testing in statistics?


✔✔The purpose of hypothesis testing is to determine whether there is enough evidence in a

sample to support a specific claim or hypothesis about a population.




What does a Type I error represent in hypothesis testing?


✔✔A Type I error occurs when the null hypothesis is incorrectly rejected when it is actually

true, leading to a false positive conclusion.




What is a Type II error?


✔✔A Type II error occurs when the null hypothesis is incorrectly accepted when it is false,

resulting in a false negative conclusion.




How can the significance level (alpha) be set in a study?


✔✔The significance level can be set based on the research context, commonly using 0.05, 0.01,

or 0.10, which reflects the acceptable probability of making a Type I error.




1

,What role does the p-value play in hypothesis testing?


✔✔The p-value indicates the probability of observing the data, or something more extreme,

assuming the null hypothesis is true, helping to determine statistical significance.




What is the difference between one-tailed and two-tailed tests?


✔✔A one-tailed test assesses the possibility of an effect in one direction, while a two-tailed test

evaluates the possibility of effects in both directions.




What is the significance of the confidence interval in statistics?


✔✔A confidence interval provides a range of values within which we can be confident that the

true population parameter lies, reflecting the uncertainty around our estimate.




How is the margin of error calculated in a confidence interval?


✔✔The margin of error is calculated by multiplying the critical value (based on the desired

confidence level) by the standard error of the sample statistic.




What does it mean for a sample to be independent in statistical testing?


✔✔Independence in a sample means that the selection of one individual does not influence the

selection of another, ensuring that the data points are not related.

2

,What is the purpose of ANOVA (Analysis of Variance)?


✔✔ANOVA is used to compare means among three or more groups to determine if at least one

group mean is statistically different from the others.




What assumptions must be met for ANOVA to be valid?


✔✔ANOVA assumes that the samples are independent, the populations have equal variances,

and the data is normally distributed.




How can the results of ANOVA be interpreted?


✔✔Results of ANOVA can be interpreted by examining the F-statistic and associated p-value; a

significant p-value indicates that at least one group mean is different.




What is a post hoc test, and when is it used?


✔✔A post hoc test is used after ANOVA to identify which specific group means are

significantly different from each other when the overall test shows significant results.




What is the purpose of regression analysis in statistics?




3

, ✔✔Regression analysis aims to examine the relationship between one or more independent

variables and a dependent variable, allowing predictions and insights about relationships.




What is the difference between simple linear regression and multiple linear regression?


✔✔Simple linear regression involves one independent variable predicting a dependent variable,

while multiple linear regression involves two or more independent variables.




What does the coefficient of determination (R-squared) represent?


✔✔R-squared represents the proportion of variance in the dependent variable that can be

explained by the independent variables in the model.




What are the assumptions of linear regression analysis?


✔✔Assumptions include linearity, independence of errors, homoscedasticity (constant variance

of errors), and normality of error distribution.




How can outliers affect regression analysis?


✔✔Outliers can disproportionately influence the slope of the regression line, leading to

inaccurate estimates and potentially skewed results.




4

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller ExcellentScores. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $11.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

78252 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$11.99
  • (0)
  Add to cart