Statistics Final Exam Cheat Sheet
1. Descriptive Statistics (Data Description)
Mean: μ = Σx / N, x̄ = Σx / n
Median: Middle value
Mode: Most frequent value
Midrange = (Max + Min) / 2
Range = Max - Min
Variance (Population): σ² = Σ(x - μ)² / N
Variance (Sample): s² = Σ(x - x̄)² / (n - 1)
Standard Deviation: σ = √σ², s = √s²
Coefficient of Variation (CVAR) = (s / x̄) × 100%
2. Frequency Distribution
Relative Frequency = Class Frequency / Total Frequency
Cumulative Frequency = Running total across classes
3. Probability Distributions
Discrete Mean (Expected Value): μ = ΣxP(x)
Discrete Variance: σ² = Σ(x - μ)² P(x)
Binomial P(x) = C(n, x)p^x(1-p)^(n-x)
Binomial Mean = np, Variance = np(1 - p)
Poisson P(x) = e^(-λ)λ^x / x!
Poisson Mean = λ, Variance = λ
4. Normal Distribution
Z = (X - μ) / σ
Empirical Rule: 68% (1 SD), 95% (2 SD), 99.7% (3 SD)
5. Sampling & Standard Error
Central Limit Theorem: μₓ̄ = μ, σₓ̄ = σ / √n
Standard Error (Known σ): SE = σ / √n
Standard Error (Unknown σ): SE = s / √n
Continuity Correction Examples:
P(a - 0.5 < X < a + 0.5) for P(X = a)
P(X ≥ a) → P(X > a - 0.5)
P(X ≤ a) → P(X < a + 0.5)
6. Hypothesis Testing
Null Hypothesis (H₀), Alternative Hypothesis (H₁)
Left-tailed: H₁: μ < μ₀, Right-tailed: H₁: μ > μ₀, Two-tailed: H₁: μ ≠ μ₀
Decision: Reject H₀ if p < α or |statistic| > critical value
Confidence Interval (Z): x̄ ± zₐ/₂ × σ / √n
Confidence Interval (T): x̄ ± tₐ/₂ × s / √n
7. T-Test and Z-Test
One-Sample T-Test: t = (x̄ - μ₀) / (s / √n), df = n - 1
Z-Test (σ known): z = (x̄ - μ₀) / (σ / √n)
Two-Sample T-Test (Equal Var): t = (x̄₁ - x̄₂) / √[sp²(1/n₁ + 1/n₂)]
Pooled Variance: sp² = [(n₁-1)s₁² + (n₂-1)s₂²] / (n₁ + n₂ - 2)
Welch's Test (Unequal Var): t = (x̄₁ - x̄₂) / √[(s₁²/n₁) + (s₂²/n₂)]
8. ANOVA (One-Way)
SSB = Σnᵢ(x̄ᵢ - x̄grand)²
SSW = Σ(xᵢⱼ - x̄ᵢ)²
MSB = SSB / (k - 1), MSW = SSW / (N - k)
F = MSB / MSW
Compare F with F-critical to make decision
Bonus Shortcuts
SD Estimate: s ≈ Range / 4
Most data in: x̄ ± 2s (Range Rule)
Chebyshev’s Theorem: At least 1 - 1/k² within k SDs
Reject H₀ if: p < α