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Flashcards for Statistics

Probability distributions, hypothesis testing, regression analysis. flashcards that help you understand the concepts, not just memorize formulas.

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Sample Statistics Flashcards

Q

What is a Type I error?

A

Rejecting the null hypothesis when it is actually true. The probability equals the significance level (alpha).

Q

Define the Central Limit Theorem.

A

The sampling distribution of the sample mean approaches a normal distribution as sample size increases, regardless of the population distribution.

Q

What is R-squared?

A

The proportion of variance in the dependent variable explained by the independent variables in a regression model.

Statistics Topics Covered

ProbabilityDistributionsHypothesis TestingRegressionBayesian StatisticsExperimental Design

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