QA 233 (Basic Business Statistics)

Formula Sheet - Midterm Exam #1


Hello QA 233 students! Please print a copy of the downloadable Word document version of this formula sheet and bring a copy to your first interim exam (chapters 1 - 3 in the ASW textbook and slide sets 1 - 3). These are the ONLY FORMULAE that you will be given, so review them and let me know if you feel I have omitted any important or relavent formulae. Also make sure that you CAN PRINT a copy of the downloadable Word version of this formulae sheet. Have a good weekend!


Relative Frequency:

Approximate Class Width:

Population Mean:

Sample Mean:

Number of observations to Trim T%:

Population Trimmed Mean:

Sample Trimmed Mean:

Population Geometric Mean:

Sample Geometric Mean:

Population Variance:

Sample Variance:

Interquartile Range: IQR = Q3 - Q1

Sturges’Rule: k=1+3.322log10(n)

Range:

Midrange:

Index for Calculating the pth percentile:

Population Mean Absolute Deviation:

 

Sample Mean Absolute Deviation:

Population Standard Deviation:

Sample Standard Deviation:

Population Coefficient of Variation:

Sample Coefficient of Variation:

z-score:

Chebychev’s Theorem:

At least observations in a data set must be within z standard deviations of the mean (for z > 1).

 

Lower and Upper Fences for the Box Plot: Q1 - 1.5IQR, Q3 + 1.5IQR

Population Covariance:  Sample Covariance:

Population Pearson’s Product-Moment Correlation Coefficient:

Sample Pearson’s Product-Moment Correlation Coefficient:


 

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