The Exam duration will be three hours.
There will be 30 multiple-choice and true-false questions, five questions from each chapter.
The types of questions on the finals will be similar to what you had on your chapter quizzes and the mid-term exam.
Please review chapters for key points, concepts, applications, formulas, Excel functions, and PHStat applications. In addition, review the chapter 11 to 16 YOUR-TURN problems on the watercooler and chapter 11-16 quizzes to understand your errors.
Review all the steps and rules in performing ANOVA, hypothesis tests, simple, and multiple-regression, and forecasting.
Review all equations and excel/PHStat functions for test statistic, critical value, degrees-of-freedom, confidence intervals ,and p-value.
Review how to interpret the results based on the given information and/or calculations.
Review how to interpret the results based on the given EXCEL/PHSTAT summary output.
Review how to calculate any missing information from the Excel summary output based on the given information.
Some useful pointers …
Chapter 11:
Review Excel summary and ANOVA output.
One way ANOVA-
Review Table 11.10, related equations/Excel functions, Excel/PHStat output.
Review multiple comparisons
Review Randomized Block ANOVA Equations; excel functions, Table 11.21, and Excel output
Review Two Way ANOVA equations; excel functions, summary table 11.29, and Excel output
TWO WAY and RANDOMIZED BLOCK ANOVA: No questions on Multiple Comparisons, and Interaction
Chapter 12:
Review Table 12.25
No lengthy calculations on Normal Distribution
No questions on Poisson and Binomial Distribution
Chapter 13:
Review one-tail and two tail Hypothesis tests for single population and two-population variance. Calculation and interpretation of p-value for one-tail, and two-tail hypothesis.
Chapter 14:
Understand regression excel output really well. Be sure that you understand each term from regression statistics, ANOVA, and relationship between each term.
Review testing the significance of correlation coefficient, coefficient of determination, overall regression model, and regression coefficients.
Perform regression using Excel/PHStat.
Prediction and confidence intervals
Good understanding of steps in performing hypothesis and conclusions based on the results.
No questions on section 14.7
Chapter 15:
Review testing the significance of overall regression model, and regression coefficients including qualitative variables.
Interpretation of Regression Statistics, ANOVA and relationship between each term. Calculation of missing information from the output.
Review using regression model including dummy variables to make predictions
Good understanding of steps in performing hypothesis and conclusions based on the results.
No questions on General Stepwise and Best Subsets Regression
Chapter 16:
No lengthy calculations for forecasting with trend projection and seasonality.
No calculations for Exponential smoothing forecast.
kat421
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