Introduction to Derivatives Before introducing a derivative, an understanding of a limit is helpful What is a limit? What might I be asked about limits?What is a derivative? How are limits and deri...
Transition Matrices What is a transition matrix? A transition matrix T shows the transition probabilities between the current state and the next state The columns represent the current states The r...
Markov Chains What is meant by a “state”? States refer to mutually exclusive events with the current event able to change over time Examples of states include: Daily weather conditions The states c...
Type I & Type II Errors What are Type I & Type II errors? There are four possible outcomes of a hypothesis test: H0 is false and H0 is rejected H0 is true and H0 is not rejected The test is...
Hypothesis Testing for Correlation What is a hypothesis test for correlation? You can use a t-test to test whether there is linear correlation between two normally distributed variables If specific...
Poisson Hypothesis Testing What is a hypothesis test using a Poisson distribution? You can use a Poisson distribution to test whether the mean number of occurrences for a given time period within a...
Binomial Hypothesis Testing What is a hypothesis test using a binomial distribution? You can use a binomial distribution to test whether the proportion of a population with a specified characterist...
Two-Sample Tests What is a two-sample test? A two-sample test is used to compare the means (μ1 & μ2) of two normally distributed populations You use a t-test when the population variances are u...
One-Sample z-tests What is a one-sample z-test? A one-sample z-test is used to test the mean (μ) of a normally distributed population You use a z-test when the population variance (σ²) is known Wha...
