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142 Terms
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scatterplots
a graph of points where each point represents a value of two different variables (bivariate data)
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correlation
two variables plotted on a scatterplot that shows a linear association (correlated) and is also a measure of strength of the linear association between the two variables
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causality in correlation
leads to correlation and is where the 2 variables aren't affected by external factors (e.g. height and weight is affected by fat, growth)
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Pearson's correlation coefficient (Pearson's r)
A statistical estimate which is designed to summarise the relationship between two variables using a single number (e.g. 0.3 is weak, 0.31-0.5 is moderate, 0.51-0.8 is strong and 0.81-1.00 is very strong/perfect)
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how to calculate pearson's correlation (r) on calculator
given a table of data with 2 variables, say x and y press: 1. Mode, 1, 1 2. Enter data (x and y): 190, 2NDF, STO, 192, M+ 4. Repeat until all numbers are in 5. ALPHA, r, \= r \= x
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line of best fit
a line drawn in a scatter plot to fit most of the dots and shows the relationship between the two sets of data
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straight line
y\=mx+c
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How to draw the line of best fit
1. draw your data points onto a number plane 2. draw a line through as many points as you can, make sure its equal points on each side of the line 3. do an equation y-y1\=m(x - x1) and substitute points into it (find gradient first)
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least squares regression line
the line with the smallest sum of squared residuals as small as possible or as close as possibly to the line
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least squares regression formula
m \= r x (standard deviation of y-scores ÷ standard deviation of x-scores) where r is pearsons correlation
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how to graph a least squares regression line
1. find the mean (x) and standard deviation (ox) of each x and y value 2. find pearsons correlation coefficient 3. graph the points 4. use the equation m \= r x (sd of y ÷ sd of x)
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maximum heart rate (MHR)
Males is 220 - age Female is 226 - age
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heart range formula
Recommended exercise percentage in decimal form x beats/min (e.g. 0.55 x 201 b/m)
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target heart rate (THR)
THR \= I x (MHR - RHR) + RHR Where THR is target heart rate I is intensity exercise (rate) as a decimal MHR is maximum heart rate and RHR is resting heart rate
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Energy units
1 kilojoule \= 1000 joules 1 megajoule \=
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0 joules \= 1000 kJ 1 calorie \= 4.184 kJ
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watt (W) units
1 W \= 1000 MW \= 1 000 000 milliwatts (uW) 1 kW \= 1000 W
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domestic rate electricity
electricity used during the day
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off-peak rate electricity
electricity used during late evening, early morning, night
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running costs formula for electrical appliances
power used (kWh) x electricity cost ($/kWh)
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standby power
power that is always provided, even when a computer is powered off. It is why you have to unplug a computer when working inside it.
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energy efficient housing: orientation
living areas face north to capture winter sun, house axis run along east to west
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energy efficient housing: insulation
roof insulation, light-coloured roofing and double-glazed windows reduce energy costs for heating and cooling
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energy efficient housing: windows/skylights
full-length windows facing north to allow winter sun
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energy efficient housing: ventilation
cross-ventilation allows airflow for cooling
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energy efficient housing: landscaping/shading
plants and trees can shade walls and windows
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energy efficient housing: building materials
choose materials that can absorb and store heat
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solving an equation
1. keep the equation balanced by performing the same operation on both sides 2. aim to have pronumerals (for example, x) and numbers on separate sides
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gradient formula
m \= rise / run
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the terms in a linear function, y\= mx + c
the number in front of the x is called the coefficient of x whilst the number on its own is called a constant term
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direct linear variation
If y varies as x, or y is directly proportional to x, then y \= kx, where k is a constant.
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how to solve a linear variation equation
1. identify the 2 variables (say x and y) and form an equation "y \= kx" 2. substitute values for x and y to find k, the constant of variation 3. rewrite y \= kx using the value of k 4. substitute a value for x or y into y\=kx to solve the problem
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break-even point
the point at which the costs of producing a product equal the revenue made from selling the product
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how to solve a simultaneous equation
you are given two equations with two unknown variables in it (say x and y) and you are to find the answer that satisfies both example: 4x - 2y \= -12 3x + y \= 1
1. rearrange any of the 2 equations above to make x or y the subject 2. using the 2nd equation it'll be y \= 3x - 1 3. substitute that formula into the y variable in the other equation " 4x - 2 (3x-1) \= -12 " so you only have to find the x variable 4. solving the x variable, substitute into any of the above formulas to find y
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simple interest
1 \= p x r x n p is principal r is rate p.a. n is number of periods interest is always rounded down
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financial compound interest
FV \= PV (1 + r)n FV is the future value PV is the initial (current) value r is the rate n is the number of periods payments is always rounded up
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how to find the rate (r) in a compound interest formula
example: 21,440 \= 16,000 (1+r)6
1. do the same operations of a normal equation (division and minus) until you're left with (1 + r)6 2. Calculate 6 -\> 2NDF -\> yx -\> 1.34 (21,440 divided by 16,000) to get rid of 6 on both sides until you're left with the answer 3. minus 1 from both sides
formula is "power number (n), 2NDF, yx, (FV divided by PV)" always round down for future value
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inflation
a general increase in prices and fall in the purchasing value of money.
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appreciation
An increase in the value of a currency
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presented value (PV) is always rounded...
...UP
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future value (FV) is always rounded...
...DOWN
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dividend
The portion of corporate profits paid out to stockholders
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dividend yield
a stock's expected cash dividend divided by its current price and is expressed as a %
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dividend yield formula
dividends per share/market price per share
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market price...
is a price of a commodity (a raw material/product) that is sold in each market (Woolworths, NBA)
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how to find total earnings from an investment/share
dividend + selling price - brokerage - total cost
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depreciation
the loss of value in an item over time
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the two methods of depreciating an item are...
straight-line depreciation and declining-balance rate
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straight-line method of depreciation
the value of the item decreases by the same equal amount each period
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declining balance rate method
the value of the item decreases by the same percentage each period
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straight-line depreciation formula
S \= Vo - Dn where S is salvage value (current/future) Vo is initial value (current/original) D is amount of depreciation per period n is the number of periods
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declining balance formula
S \= Vo - Dn
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total depreciation formula
Total depreciation \= purchase price - value after n years
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reducing balance method
is a method of depreciation that reduces the value of a fixed asset by the same percentage each year throughout its useful life. This is the more realistic method to use.
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credit card
A plastic card used to make purchases now and pay for them later.
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annuity
a series of equal regular deposits
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To make upfront charges of a home loan into a percentage:
total charges / home loan x 100%
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a loop is...
an edge that connects a vertex with itself
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directed network
a network diagram that has arrows on the edges to indicate the direction the flow is going to
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weighted network
a network with weights associated with the edges
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degree of a vertex
the number of edges that connect to that vertex. an even number of edges (even degree), an odd number of edges (odd degree)
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the sum of degrees of all vertices in a network is equal to
twice the number of edges because each edge belongs to two vertices
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a walk is...
any route with repeated edges/vertices
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a closed walk is...
a walk that starts and ends at the same vertex
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a trail is...
a walk with no repeated edges
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a circuit is...
a closed trail
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a path is...
a walk with no repeated edges or vertices
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a closed path is called a...
cycle
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eulerian trail
A trail that uses all edges of a graph, only occurs with 2 odd vertices ONLY and must start and end at the odd vertex
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eulerian circuit
a eulerian trail that is closed (starts and ends at the same vertex) and only exists when all vertices have an even no. of edges attached
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two efficient methods for minimum spanning tree
Kruskal's and prim's algorithm
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Kruskal's algorithm
taking edges from smallest to largest with no cycles/repeats/closed trails
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prim's algorithm
starting at any vertex and selecting the smallest edge that connects to it
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how to find the shortest path
1. Redraw the network with circles at each vertex, except at the starting vertex, S 2. For all vertices one edge away from S, write down the shortest distance inside the circle 3. For all vertices 2 edges away from S, write down the shortest distance inside the circle 4. Continue this process until finish vertex, F, is reached 5. The shortest path is then identified by starting at F and moving backwards to the vertex from which the shortest distance at F was obtained, and continuing until S is reached
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how to draw a directed network from an activity table
- Label the first and last vertices START and FINISH - Represent activities by arrows and start and end them at a vertex - Connect activities that do not have prerequisites to the start box - Begin activities with the same predecessor at the same vertex - Ensure that any 2 vertices are NOT CONNECTED by multiple edges
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dummy activity
an activity having no time that is inserted into a network to maintain the logic of the network and to eliminate repeated edges
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how to draw a directed network from an activity table
1. have two vertices labelled start and finish 2. connect all the activities with no predecessor to the start 3. start drawing the activities with those predecessors from the already made ones
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critical path
critical path (most essential) has the longest weight sum but is considered the smallest hours possible to complete a task
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forward scanning
calculates the longest time to get to the next activity by using EST with a box with the numerator and denominator (EST is the top box)
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how to draw a network for forward scanning
1. redraw the network with boxes at each vertex 2. at the start vertex, write 0 on the top box 3. work along each path or activity from the start (left to right), writing the total time of the path at each vertex (in the TOP BOX) 4. when two or more paths meet at a vertex, select the highest total number 5. continue until vertex F is reached
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backward scanning
similar ot forward scanning but uses LST in the bottom box and starts at vertex F and works it's way back with the smallest time
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identifying the critical path (analysis)
longest time path from start to finish
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float time or slack time
amount of time the early start of a task may be delayed without delaying the finish date of the project (non-critical only)
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float time formula
LSTnext - ESTnext if it is the only path leading to the next activity LSTnext - ESTnext - activity time used (the activity on their weighted edge) (used when there are multiple paths going to the next task)
use this for each non-critical activity where "next" means the next activity
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what's in a flow network?
-the start is called source (S) and the end is called the sink (T) -the weights (edges) are called capacities and represent the amount of flow an edge can hold
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inflow and outflow of a vertex
total capacity of all edges entering the vertex is INFLOW total capacity of all edges exiting the vertex is OUTFLOW
double-check the directions of the weighted edges to see if it's going in or out of the vertex
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maximum outflow of a vertex
the smallest out of either the inflow or outflow of a vertex
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capacity of a cut
a cut is drawn through the edges of a flow network, not the vertices, and acts as roadblock to stop all flow from the source (S) to the sink (T). the capacity of a cut is the amount of flow blocked by the cut, found by summing the cut edges passing from source to sink
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maximum flow - minimum cut theorem
the value of maximum flow \= minimum cut
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how to find maximum flow
find the minimum edge of each path and add it up for the total
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linear functions
straight line, y\=mx+b, & there is not exponent on "x" in the equation.
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non-linear function
a function whose graph is a curve
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quadratic function
y\=x^2
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parabola equation
y\=ax^2+bx+c
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reciprocal function
y \= k / x
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shape of a hyperbola
has 2 separate branches in opposite quadrants on the number plane - if k is positive the hyperbola is decreasing and its branches are in the 1st and 3rd quadrants - if k is negative the hyperbola is increasing and its branches are in the 2nd and 4th quadrants - the higher the value of k the further the hyperbola is from the x- and y-axes
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inverse variation
y \= k/x, when two variables go in different directions (e.g. speed, the faster you go , the less time it takes)
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ratio
A comparison of two quantities by division
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Dividing a quantity in a given ratio
1. Find the total number of parts (by adding) 2. Find the size of one part (by dividing) 3. Find the size of each term of the ratio (by multiplying)