Math Final Exam

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19 Terms

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Binomial

n trials with s successes and f failures

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Poisson

Number of events that are to occur in a period of time

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Hypergeometric

Population contains M successes and M-N failures probability of exactly k successes in a random sample n

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Continuous probability distributions

Measured under a curve, and probabilities of a specific point are 0

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Normal Distribution to Standard Distribution

z= x-u/ standard deviation

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Cr

No order

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Pr

Order matters

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Sample distribution creation steps

Find combinations, calculate sum/mean, determine probability

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Central Limit Theorem benefits

More accurate and reliable, Inferences about populations based on samples

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Wider confidence interval

Increase confidence coefficient, increase standard deviation, decrease sample size

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Population parameters

u mean, o standard deviation, p proportion

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Sample parameters

-x mean, s standard deviation, ^P proportion

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P-value comparison

If p-value < a, reject null hypothesis

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Hypothesis testing steps

Formulate null and alternative hypotheses, Determine rejection region, Calculate test statistic, Find p-value, Interpret results, Calculate margin of error and point estimates, Establish confidence interval

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a/ Alpha

When you reject the null hypothesis when you shouldnt have

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B/ beta

When you fail to reject the null hypothesis when you should have

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z<a

Value in table

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a<z

Complement of value in table

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c<z<a

Difference of the two probalities