Memorize the conditions for using a Z-test vs. a T-test (Sample size > 30).
Predicts the value of a dependent variable based on independent variables. Coefficient of Determination ( R2cap R squared ): How well the data fits the regression model. Time Series and Forecasting ba4101 statistics for management notes pdf
Comparing means across three or more groups. Memorize the conditions for using a Z-test vs
This is the most "applied" part of the syllabus. It allows managers to test if a new strategy or product is actually better than the old one. Tests to Remember Comparing means between groups. ba4101 statistics for management notes pdf
Be ready to sketch Normal Distribution curves to visualize p-values.