statistic 1
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statisticsAnalyticalExploration.docx
stataticsD1.xlsx
StatisticsFormulasandTemplates.pdf
- StatiticsKeyConceptsandReview.pdf
statisticsAnalyticalExploration.docx
Analytical Exploration
The excel file attached contains a data set showing life expectancies from 50 randomly selected countries. Use this data to answer the following questions
stataticsD1.xlsx
Sheet1
| Country | Life Expectancy |
| Angola | 63.24 |
| Australia | 83.73 |
| Bangladesh | 73.98 |
| Belgium | 82.46 |
| Bolivia | 68.78 |
| Burkina Faso | 60.57 |
| Cameroon | 61.92 |
| Canada | 82.58 |
| Chile | 81.16 |
| China | 78.79 |
| Congo | 63.26 |
| Croatia | 79.4 |
| Denmark | 82.58 |
| Djibouti | 63.71 |
| Domincan Republic | 74.36 |
| Egypt | 70.81 |
| Ethiopia | 66.65 |
| Fiji | 68.45 |
| Grenada | 75.49 |
| Iceland | 83.02 |
| Iran | 76.97 |
| Italy | 84.2 |
| Japan | 84.59 |
| Jordan | 75.02 |
| Latvia | 76.06 |
| Madagascar | 66.43 |
| Malaysia | 76.42 |
| Mali | 60.03 |
| Mongolia | 72.94 |
| Nepal | 70.78 |
| Netherlands | 82.58 |
| New Zealand | 83.16 |
| Nigeria | 53.37 |
| Oman | 78.97 |
| Pakistan | 67.34 |
| Paraguay | 74.1 |
| Peru | 76.96 |
| Russia | 74.57 |
| Samoa | 72.75 |
| Senegal | 69.31 |
| Singapore | 84.27 |
| South Korea | 84.14 |
| Sri Lanka | 76.8 |
| Sweden | 83.65 |
| Turkey | 78.68 |
| Uganda | 63.84 |
| United Kingdon | 82.31 |
| United States | 79.74 |
| Vietnam | 74.74 |
| Zimbabwe | 61.92 |
StatisticsFormulasandTemplates.pdf
Name Symbol Formula Description
Basic Statistics
Sample Size 𝑛 n/a
The number of data points in
a sample.
Sample Proportion �̂� �̂� = 𝑥
𝑛
The proportion (percentage)
from a sample.
Population Proportion 𝑝 𝑝 = 𝑥
𝑁
The total proportion
(percentage) from a
population.
Sample Mean �̅� �̅� = ∑ 𝑥
𝑛
The arithmetic average of a
sample.
Population Mean 𝜇 𝜇 = ∑ 𝑥
𝑁
The arithmetic average of a
population.
Sample Standard
Deviation 𝑠 𝑠 = √∑
(𝑥 − �̅�)2
𝑛
The standard deviation from
a sample.
Population Standard
Deviation 𝜎 𝜎 = √∑
(𝑥 − 𝜇)2
𝑁
The standard deviation from
a population.
Sample Variance 𝑠2 𝑠2 = ∑ (𝑥 − �̅�)2
𝑛 The variance from a sample.
Population Variance 𝜎2 𝜎2 = ∑ (𝑥 − 𝜇)2
𝑁
The variance from a
population.
Critical Values
Critical Values
𝑧𝛼 2⁄
𝑧-score found at the 𝛼 2⁄ th percentile of a
standard normal distribution
Critical value used for
confidence intervals
estimating a population
proportion or for two-tailed
hypothesis tests about a
population proportion.
Critical Values
𝑧𝑎
𝑧-score found at the 𝛼th percentile of a
standard normal distribution
Critical value used for left-
tailed or right-tailed
hypothesis tests about a
population proportion.
𝑡𝛼 2⁄
𝑡-statistic found at the 𝛼 2⁄ th percentile of
a student’s 𝑡 distribution (𝑛 degrees of
freedom)
Critical value used for
confidence intervals
estimating a population mean
or for two-tailed hypothesis
tests about a population mean.
𝑡𝛼
𝑡-statistic found at the 𝛼th percentile of a
student’s 𝑡 distribution (𝑛 degrees of
freedom)
Critical value used for left-
tailed or right-tailed
hypothesis tests about a
population mean.
𝜒𝐿 2
Chi-squared statistic found at the bottom
𝛼th percentile of a Chi-squared
distribution (𝑛 degrees of freedom)
Left critical value used in a
confidence intervals and
hypothesis tests about a
population standard deviation.
𝜒𝑅 2
Chi-squared statistic found at the top 𝛼th
percentile of a Chi-squared distribution (𝑛
degrees of freedom)
Right critical value used in a
confidence intervals and
hypothesis tests about a
population standard deviation.
𝑟
𝑟 = 𝑡𝛼 2⁄
√(𝑡𝛼 2⁄ ) 2
+ (𝑛 − 2)
(𝑛 − 2 degrees of freedom)
Critical Values of the Pearson
Correlation Coefficient 𝑟.
Margins of Error
Margin of Error 𝐸
𝐸 = 𝑧𝛼 2⁄ √ �̂� �̂�
𝑛
Margin of error for a
confidence interval estimating
a population proportion.
𝐸 = 𝑡𝛼 2⁄
𝑠
√𝑛
Margin of error for a
confidence interval estimating
a population mean.
Confidence Intervals
Confidence Interval
Confidence Interval
n/a
�̂� − 𝐸 < 𝑝 < �̂� + 𝐸
Confidence interval for
estimating a population
proportion.
�̅� − 𝐸 < 𝜇 < �̅� + 𝐸 Confidence interval for
estimating a population mean.
√ (𝑛 − 1)𝑠2
𝜒𝑅 2 < 𝜎 < √
(𝑛 − 1)𝑠2
𝜒𝐿 2
Confidence interval for
estimating a population
standard deviation.
Hypothesis Tests
Hypothesis Test on One
Sample - Proportions n/a
𝐻0: 𝑝 = 𝑋
𝐻𝑎: 𝑝 < 𝑋 Claim uses “less than”
𝐻0: 𝑝 = 𝑋
𝐻𝑎: 𝑝 > 𝑋 Claim uses “greater than”.
𝐻0: 𝑝 = 𝑋
𝐻𝑎: 𝑝 ≠ 𝑋
Claim uses “equal to” or “not
equal to”.
Hypothesis Test on One
Sample – Means
n/a
n/a
𝐻0: 𝜇 = 𝑋
𝐻𝑎: 𝜇 < 𝑋
Claim uses “less than”
𝐻0: 𝜇 = 𝑋 𝐻𝑎: 𝜇 > 𝑋
Claim uses “greater than”.
𝐻0: 𝜇 = 𝑋
𝐻𝑎: 𝜇 ≠ 𝑋
Claim uses “equal to” or “not
equal to”.
Hypothesis Test on One
Sample – Standard
Deviation
n/a
𝐻0: 𝜎 = 𝑋
𝐻𝑎: 𝜎 < 𝑋 Claim uses “less than”
𝐻0: 𝜎 = 𝑋 𝐻𝑎: 𝜎 > 𝑋
Claim uses “greater than”.
𝐻0: 𝜎 = 𝑋
𝐻𝑎: 𝜎 ≠ 𝑋
Claim uses “equal to” or “not
equal to”.
Hypothesis Test on Two
Samples – Proportions
Hypothesis Test on Two
Samples - Proportions
n/a
𝐻0: 𝑝1 = 𝑝2
𝐻𝑎: 𝑝1 < 𝑝2 Claim uses “less than”
𝐻0: 𝑝1 = 𝑝2
𝐻𝑎: 𝑝1 > 𝑝2 Claim uses “greater than”.
𝐻0: 𝑝1 = 𝑝2
𝐻𝑎: 𝑝1 ≠ 𝑝2
Claim uses “equal to” or
“not equal to”.
Hypothesis Test on Two
Samples – Independent
Means
n/a
𝐻0: 𝜇1 = 𝜇2
𝐻𝑎: 𝜇1 < 𝜇2 Claim uses “less than”
𝐻0: 𝜇1 = 𝜇2
𝐻𝑎: 𝜇1 > 𝜇2 Claim uses “greater than”.
𝐻0: 𝜇1 = 𝜇2
𝐻𝑎: 𝜇1 ≠ 𝜇2
Claim uses “equal to” or “not
equal to”.
Hypothesis Test on Two
Samples – Dependent
Means
n/a
n/a
𝐻0: 𝜇𝑑 = 𝑋
𝐻𝑎: 𝜇𝑑 < 𝑋 Claim uses “less than”
𝐻0: 𝜇𝑑 = 𝑋
𝐻𝑎: 𝜇𝑑 > 𝑋 Claim uses “greater than”.
𝐻0: 𝜇𝑑 = 𝑋
𝐻1: 𝜇𝑑 ≠ 𝑋
Claim uses “equal to” or “not
equal to”.
Test Statistics
𝑧 𝑧 =
�̂� − 𝑝
√ 𝑝𝑞 𝑛
Test statistic used for
hypothesis test about a
population proportion.
Test Statistic
Test Statistic
𝑧 = (�̂�1 − �̂�2) − (𝑝1 − 𝑝2)
√ �̅� �̅� 𝑛1
+ �̅� �̅� 𝑛2
�̅� = 𝑥1 + 𝑥2
𝑛1 + 𝑛2 , �̅� = 1 − �̅�
Test statistic used for a
hypothesis test about two
population proportions.
Pooled proportion.
𝑡
𝑡 = �̅� − 𝜇
𝑠
√𝑛
Test statistic used for a
hypothesis test about a
population mean.
𝑡 = (�̅�1 − �̅�2) − (𝜇1 − 𝜇2)
√ 𝑠1
2
𝑛1 +
𝑠2 2
𝑛2
Test statistic used for a
hypothesis test about two
independent population
means.
𝑡 = �̅� − 𝜇𝑑
𝑠𝑑
√𝑛
Test statistic used for a
hypothesis test about two
dependent means.
𝜒2
𝜒2 = (𝑛 − 1)𝑠2
𝜎2
Test statistic used for a
hypothesis test about a
population standard deviation.
𝜒2 = ∑ (𝑂 − 𝐸)2
𝐸
Test statistic used for a
goodness of fit test or a test of
independence.
Independent Samples
Sample Average
Difference �̅� �̅� = ∑
𝑑
𝑛
The arithmetic average of a
set of differences of matched
pairs from a sample.
Population Average
Difference 𝜇𝑑 𝜇𝑑 = ∑
𝑑
𝑁
The arithmetic average of a
set of differences of matched
pairs from a population.
Sample Standard
Deviation of Differences 𝑠𝑑 𝑠𝑑 = √∑
(𝑑 − �̅�) 2
𝑛
The standard deviation of a
set of differences of matched
pairs.
Linear Regression
Regression Equation
n/a �̂� = 𝑏0 + 𝑏1𝑥 Line of best fit.
�̂�
Substitute dependent variable into
regression equation.
Best predicted value when
regression equation is a good
model.
�̅� �̅� = ∑ 𝑥
𝑛
Average of 𝑦 values, best
predicted value when
regression equation is not a
good model.
𝑏0 𝑏1 = 𝑛(∑ 𝑥𝑦) − (∑ 𝑥)(∑ 𝑦)
𝑛(∑ 𝑥2) − (∑ 𝑥)2 𝑦 − intercept
𝑏1 𝑏0 = (∑ 𝑦)(∑ 𝑥2) − (∑ 𝑥)(∑ 𝑥𝑦)
𝑛(∑ 𝑥2) − (∑ 𝑥)2 slope
Correlation Coefficient 𝑟
𝑟
= 𝑛(∑ 𝑥𝑦) − (∑ 𝑥)(∑ 𝑦)
√𝑛(∑ 𝑥2) − (∑ 𝑥)2√𝑛(∑ 𝑦2) − (∑ 𝑦)2
Measures the strength of the
linear correlation between two
sets of paired variables.
Coefficient of
Determination 𝑟2 Square of the Correlation Coefficient, 𝑟
Measures the ratio of
explained variance to total
variance between two sets of
paired variables.
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