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QUAT6221 EXAM PREP, ASSIGNMENT 1 WENT WELL: LU1-2 - Coggle Diagram
QUAT6221 EXAM PREP
Section A (60)
ALL COMPULSORY
LU1 (3 questions:Introductory concepts) (20)
No Formulas because this is all theory
about types of data and terms used in statistics
LU2 (Index calculations) (20)
formulas available just swap out price for quantity
compare prices and quantities while keeping the other constant example of this is CPI. baskets of goods, how much did goods consume (fell or increased?)
Paasche and Laspeyres
more study needed here on which formula to use e.g. keeping price vs quantity constant
LU4 (Linear regression calculations) (20)
Formula provided?
Section C (20) LU5 OR LU6/7
CHOOSE ONE
LU5 Probability type questions
(cross tabulation/probability trees/permutations etc)
Formula provided? No
LU6/7 Probability Distributions (Discrete/continuous including sampling distributions)
Formula provided?
Section D (20) LU 8 OR LU9
CHOOSE ONE
LU8 Hypothesis testing
Formula provided?
LU9 Chi-testing
Formula provided?
Section B (20) LU3
CHOOSE ONE
LU3 Grouped or ungrouped
see how data is dispersed or see what the central amount is.
for example the average number of visiters to a store (mean) in a week
seperate lower 25% from upper 75% for e.g 25% of the time, 159 customers or less visited the store
ASSIGNMENT 1 WENT WELL: LU1-2
ASSIGNMENT 2 WAS GOOD LU3-5. ITS PROBABLY BEST I DO LU5 INSTEAD OF 6AND7