2018 Statistics Final Exam Academic Success Programme Columbia University Instructor: Mark England
Name: UNI:
You have two hours to finish this exam. § Calculators are necessary for this exam. § Always show your working and thought process throughout so that even if you don’t get the answer totally correct I can give you as many marks as possible. § It has been a pleasure teaching you all. Try your best and good luck!
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Question 1 True or False for the following statements? Warning, in this question (and only this question) you will get minus points for wrong answers, so it is not worth guessing randomly. For this question you do not need to explain your answer. a) Correlation values can only be between 0 and 1.
False. Correlation values are between -1 and 1.
b) The Student’s t distribution gives a lower percentage of extreme events occurring compared to a normal distribution.
False. The student’s t distribution gives a higher percentage of extreme events.
c) The units of the standard deviation of � are the same as the units of �.
True.
d) For a normal distribution, roughly 95% of the data is contained within one standard deviation of the mean.
False. It is within two standard deviations of the mean
e) For a left skewed distribution, the mean is larger than the median.
False. This is a right skewed distribution.
f) If an event � is independent of �, then � (�) = �(�|�) is always true.
True.
g) For a given confidence level, increasing the sample size of a survey should increase the margin of error.
False. Increasing the sample size should reduce the margin of error.
Question 2 I have five cards, and I label them 1, 2, 3, 4, 5. I pick cards out at random without replacing them. a) What is the probability of picking an odd numbered card on my first turn?
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3/5
b) I pick two cards out and deal them on the table. What is the chance that if I add the cards together, they will add up to 3? Hint: think about the order!