Study Guides (248,150)
Canada (121,345)
UOIT (345)
Business (84)
Midterm

Stats - DIFFERENT TYPE OF TESTS

2 Pages
101 Views
Unlock Document

School
Department
Business
Course
BUSI 1450U
Professor
William Goodman
Semester
Winter

Description
A) Z-test for the mean (one sample) a. You have one sample. b. Claiming the mean of the population is or isn’t some value. c. They tell you or some other reason for knowing the population sigma. d. Step 5: a normal curve. Can be one or two tailed. Have Z critical. B) T-test for the mean (one sample) a. You have one sample b. Claiming the mean of the population c. Tell you standard deviation or give you raw data. You don’t get the population sigma. d. Assuming conditions are meant, then the population is normal, etc. C) Binomial test for a single proportion a. Ask for proportion or percentage. b. Example 15 out of my 100 are something, or 15% of being this value etc. D) Z-test for difference in population means, two independent samples a. Are the means the same or not the same? One’s greater or lesser? b. Are they independent or dependent? c. Need to know sigma. E) T-test for difference in population means, two independent samples {Case 1 or Case 2} a. When you don’t get the population sigma. b. Only given raw data or standard deviation. c. Looking if the means are
More Less

Related notes for BUSI 1450U

Log In


OR

Join OneClass

Access over 10 million pages of study
documents for 1.3 million courses.

Sign up

Join to view


OR

By registering, I agree to the Terms and Privacy Policies
Already have an account?
Just a few more details

So we can recommend you notes for your school.

Reset Password

Please enter below the email address you registered with and we will send you a link to reset your password.

Add your courses

Get notes from the top students in your class.


Submit