Sta 261 exam 1 - Study guides, Class notes & Summaries

STA 261 exam 1 with correct solutions

Probability of an outcome Correct Answer probability of a particular outcome is the proportion of times that the outcome would occur in a long run of observations Trial Correct Answer Each simulated roll of a die, or any experiment being conducted Cumulative proportion Correct Answer At each value for the number of trials, found by after a certain number of trials, divide the number of outcomes at that stage by the number of trials. Independent Correct Answer Different trials of a rando...

STA 261 exam 1 with correct solutions

STA 261 Exam 1 exam with correct answers

STA 261 Exam 1 Review questiond with correct answers

STA 261 Exam 1 with 1005 correct answers

STA 261 Exam 1 exam with correct answers

STA 261 Exam 1 with 100% correct answers | Miami University

Sta 261 Exam 1 Module 1 questions with correct answers

Descriptive statistics Correct Answer summarizing the data Ex. Mean, median, standard deviation, graphical displays Inferential statistics Correct Answer drawing conclusions about a population based on a sample Ex. Confidence intervals, hypothesis tests Descriptive statistics vs. Inferential statistics Correct Answer descriptive statistics can summarize the large amount of raw data, but since everything is known for the population, there is nothing to infer Population Correct Answer e...