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correlation coefficient
measures the strength of a linear relationship
correlation coefficient = 0.843
strong positive correlation
correlation coefficient = - 0.364
weak negative correlation
the p-value is < 0.05
we can reject the null hypothesis, there is a significant difference between the two means.
why can't we make future predictions based on only a few pieces of data?
Sample size is too small to make assumptions, we are extrapolating too far if we assume a trend continues well into the future
how do you calculate the rate of change?
m = change in y/change in x or m = V/H
which type of mathematical relationship is this:
Weight = 1.05 (Height) + 30
Linear relationship (y=mx+c)
which type of mathematical relationship is this:
Loan = 3000 x 1.03^years
Exponential relationship (y = Cb^x)
which type of mathematical relationship is this:
Un = 0.65 (Un-1) + 30
Recurrence relationship
what comments can you make about boxplots
1) If there are any outliers present
2) Which group has the larger spread
3) Which group has the higher median
What type of data is: The height of a plant
numerical continuous
What type of data is: A person's heart rate
numerical continuous
What type of data is: A person's method of transport
categorical nominal
What type of data is: The number of pupils in a school
numerical discrete
what is the r-studio code for: computing the correlation coefficient
cor.test (X,Y)
what is the r-studio code for: computing the coefficient of determination (r-squared)
summary(lm(Y~X))
what does the coefficient of determination (r-squared) measure?
how much of the variation in the data can be explained by our model. A high r-squared value is good.
what is the r-studio code for: getting the coefficients needed to write your regression equation
lm(Y~X) Remember Y is the dependent variable
Name 2 measures of location
mean and median
Name 2 measures of spread
standard deviation and IQR
What measures of location and spread would you use for normally distributed data
mean and standard deviation
what measures of location and spread would you use for data with a skewed distribution
median and IQR
What is the Excel function for: calculating the mean
=AVERAGE(...
What is the Excel function for: calculating the total
=SUM(...
What is the Excel function for: keeping cell G7 constant
G$7
What is the Excel function for: calculating the standard deviation
=STDEV(...
In PERT charts what is the critical path
the shortest time the entire project can be completed in (which is the longest path on the chart)
How do you calculate the area of a rectangle
A = length x breadth
How do you calculate the area of a triangle
A = 1/2 x base x height
which hypothesis test would you use: to determine if there is a significant difference between the mean of 2 different groups
two sample t-test (since two seperate groups)
which hypothesis test would you use: to determine if there is a significant difference between the mean exam score before and after revision
paired t-test (since based on the same person twice)
which hypothesis test would you use: to determine if there is a significant difference in the proportion of one group to the proportion of another
z-test