What is the difference between a t-test for 2 independent
samples vs. a paired t-test?
Give an example of when a Chi-squared test would be used. How
would you find the degrees of freedom (df) for one of these
tests?
Explain the assumptions for using a two-independent sample
t test. Provide an example for when you could use a a
One-Sample t test. Provide an example for when a Two-Sample t
Test.
3) What makes events independent / dependent? Give an
example of each.
1) What does the probability distribution of a
discrete random variable tell you? How do you graphically display
the probability distribution of a discrete random variable?
2) Give two examples of Bernoulli trials not presented
neither in your textbook nor from another classmate.
1. Give an example of a capital budgeting project that would be
considered “independent”. Give an example of a capital budgeting
project that would be considered “mutually exclusive”.
Define the independent events. Give an example for each of
them:
a) Mutually exclusive
b) Independent
c) Dependent
- Can a pair of events be both mutually exclusive and
independent?
What is the purpose of ONEWAY ANOVA test? Give an example with
three treatment levels.
What is the relationship between factorial design and TWO-WAY
ANOVA? Give an example
What is Factorial Design? Provide an example indicating the
variables and possible interaction effects?
5. TWO (INDEPENDENT) SAMPLE T-TEST
(a) Describe the independent samples t-test for two means
briefly. How does it do it? (b) State the null and the alternative
hypothesis. (c) State the assumptions. (d) State the formula for
the test statistic. (e) State the rejection rule with (How to
reject the null hypothesis) (f) Give an real life example of how we
can use the independent samples t-test for two means.
TWO (INDEPENDENT) SAMPLE T-TEST
(a)Describe the independent samples t-test for two means briefly.
How does it do it?
(b) State the null and the alternative hypothesis.
(c) State the assumptions.
(d) State the formula for the test statistic.
(e) State the rejection rule with (How to reject the null
hypothesis)
(f) Give an real life example of how we can use the independent
samples t-test for two means.