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Textbook Notes for Amir Rastpour

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UOITBUSI 1450UAmir RastpourFall

BUSI 1450U Chapter Notes - Chapter 8: Probability Distribution, Normal Distribution, Standard Deviation

OC12705834 Page
13 Feb 2018
0
Probability distribution for continuous random variables: probability of any continuous random variable equal to any specific values is always 0, so, i
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UOITBUSI 1450UAmir RastpourFall

BUSI 1450U Chapter Notes - Chapter 6: Black Cards, Sample Space, Statistical Inference

OC12705835 Page
13 Feb 2018
0
Basic probability calculations: probability the likelihood or chance that an event will occur, there is always a degree of uncertainty or risk in makin
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UOITBUSI 1450UAmir RastpourFall

BUSI 1450U Chapter Notes - Chapter 5: Average Absolute Deviation, Standard Deviation, Unit

OC12705834 Page
13 Feb 2018
0
Measures of spread: measure of spread a single number that describes the degree of variety among the values of a distribution. Also called measures of
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UOITBUSI 1450UAmir RastpourFall

BUSI 1450U Chapter Notes - Chapter 10: Central Limit Theorem, Confidence Interval, Interval Estimation

OC12705835 Page
13 Feb 2018
0
For example, election polls, game results: point estimates a single value to approximate the value of a parameter such as a mean median, variance or pr
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UOITBUSI 1450UAmir RastpourFall

BUSI 1450U Chapter Notes - Chapter 3: Continuous Or Discrete Variable, Frequency Distribution, Univariate

OC12705837 Page
13 Feb 2018
0
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UOITBUSI 1450UAmir RastpourFall

BUSI 1450U Chapter Notes - Chapter 9: Sampling Distribution, Random Variable, Probability Distribution

OC12705833 Page
13 Feb 2018
0
Chapter 9: the distributions of sample statistics: descriptive statistics the focus is on summarizing and presenting info. Finding measures of location
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UOITBUSI 1450UAmir RastpourFall

BUSI 1450U Chapter Notes - Chapter 2: Statistical Inference, Weighted Arithmetic Mean, Simple Random Sample

OC12705837 Page
13 Feb 2018
0
Techniques for identifying objectives: develop a wish list. What is good or bad about each: consider problems and shortcomings. What might occur that y
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UOITBUSI 1450UAmir RastpourFall

BUSI 1450U Chapter Notes - Chapter 11: Null Hypothesis, Type I And Type Ii Errors, Confidence Interval

OC12705837 Page
13 Feb 2018
0
Through a process of hypothesis testing, we determine whether to reject or accept the hypothesis: hypothesis a tentative proposal or statement about a
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UOITBUSI 1450UAmir RastpourFall

BUSI 1450U Chapter Notes - Chapter 1: Statistical Inference, Statistic, Statistical Parameter

OC12705835 Page
13 Feb 2018
0
Each object may have one or more features or characteristics that are of interest. Description and inference with statistics: descriptive statistics fo
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UOITBUSI 1450UAmir RastpourFall

BUSI 1450U Chapter Notes - Chapter 4: Quartile, Percentile, Unit

OC12705835 Page
13 Feb 2018
0
Empirical statistical distribution: the empirical distribution of a variable is a description of the relative numbers of times each outcome has occurre
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UOITBUSI 1450UAmir RastpourFall

BUSI 1450U Chapter Notes - Chapter 7: Probability Distribution, Equiprobability, Standard Deviation

OC12705836 Page
13 Feb 2018
0
By calculating summary measures such as the mean and sd, some important characteristics of the probability distribution can be represented numerically.
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