100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
MGSC 291 exam 2 With Questions And 100% ALL SURE ANSWERS $9.99   Add to cart

Exam (elaborations)

MGSC 291 exam 2 With Questions And 100% ALL SURE ANSWERS

 4 views  0 purchase
  • Course
  • International Economics
  • Institution
  • International Economics

MGSC 291 exam 2 With Questions And 100% ALL SURE ANSWERS

Preview 2 out of 5  pages

  • August 21, 2024
  • 5
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • International Economics
  • International Economics
avatar-seller
Queenstin
JACKLINE




Pre
MGSC 291 exam 2 With Questions And 100% ALL SURE ANSWERS


Practice questions for this set

, Terms in this set (56)

what do we decide if the p val is lower than the we reject the null hypothesis
significance level?

what if the p val is greater than the significance we do not have sufficient evidence to reject the null hypothesis
level?




what is the null hypothesis? what we beleive to be true or what was beleived to be common knowledge

what is the def of an alternaitve hypothsis what we want to test, testing the opposite of the null to find out if the null is actually false

in a qq plot, if the points dont exactly make a a large enough sample size per the central limit theorem
perfect line, then what would deem it normal

a confidence interval is given to find the proportion we are 95% confident that the proportion lies between 34.89% and 39.24%
of a paramter that belongs to a certain group
(0.34892, 0.39242)
interpret the interval

what do you do to find the confidence interval for since don't have the variance, conduct t test
one mean? give the R code t.test(data$column, conf. level=0.99)

t.test(data$column,mu=(x),alternative="greater")
what do you do if want to test whether the mean we
have is legit or whether it's actually higher or lower
or "less than" or "two sided"

1-pt(t,df)

how do you calculate the p value after running a
two sided
hyp test

2*(1-pt(t,df))

qqnorm(resid(fit))
how do you make a qq plot and what is it for?
it plots all the errors so you can check that errors are normally distributed

in residuals vs predictions plot, what are you testing errors have mean 0 and errors have equal variances

MGSC 291 exam 2

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller Queenstin. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $9.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

78677 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$9.99
  • (0)
  Add to cart