Lia Liu Stat 101 Review for Final Spring 2013 1 Lia Liu The final exam is on Thursday, 10:30-12:30pm. Room assignment will be posted later. You can bring two sheets of formula and calculator. Final covers Chapter 18-23 only, is worth 200 points. Use the following check list of concepts and the Practice for Final on your MyLab to prepare for the final. List of topics: 1. Sampling distribution: If X1 , X2 , , Xn is a random sample from a population with mean µ and standard deviation σ, n has mean E(X̄) = µ, then the sample mean X̄ = X1 +...+X n variance V (X̄) = σ 2 /n. The sample sum Sn = X1 + ... + Xn has mean E(Sn ) = nµ, and variance V (Sn ) = nσ 2 . What about 2X1 −3X2 ? Can you find the mean and variance? If X has binomial B(n, p), what are the mean and variance of X? what are the mean and variance of p̂ = Xn ? How to use normal to approximate probability? What conditions must be checked? 2. How to standardize a random variable X(find the z-score)? Subtract by the mean of X, then divide by the standard deviation of X. 3. Fundamental theorem of statistics (Central Limit Theorem): Apply to X̄, apply to p̂. 4. Use Empirical rule to describe a distribution, or estimate probability or decide whether an event is unusual. (See textbook Page 480: 13,16,18,19,22.) 5. Confidence interval: estimate ± margin of error 6. How wide is a confidence interval? 7. How can you cut the width of a confidence interval by half but keep the same confidence level? Lia Liu 8. Confidence interval for p (Binomial model): p̂ ± z large enough.(When is n large enough?) 2 ∗ r p̂q̂ n if n is 9. Confidence interval for p1 − p2 (2 Binomial proportions): (p̂1 − p̂2 ) ± z ∗ × SE(p̂1 − p̂2 ) , if n1 , n2 are large enough.(When are they large enough?) 10. Confidence interval for µ (Normal model): (1) x̄ ± z ∗ √σn if the standard deviation for the population, σ, is given; (2) x̄ ± z ∗ √sn if the standard deviation for the population, σ, is not given but n is large; (3) x̄ ± t∗(n−1) √sn if the standard deviation for the population, σ, is not given and n is small. 11. Hypothesis testing for p, µ, p1 − p2 : 1)know how to read a story and write down the hypotheses. 2) which conditions to check; 3) find P-value; 4) give conclusion, and interpret your conclusion. 12. For inferences of p1 − p2 , which standard error do we use to approximate standard deviation of p̂1 − p̂2 in hypothesis testing? Which one do we use in confidence interval for p1 − p2 ? Why? 13. How to find p-values? 14. How to make a decision based on the p-value? 15. What is a Type I error? 16. What is a Type II error? 17. What is the power of a test? 18. Can you reduce both Type I and Type II error at the same time?