This semester is getting to the end.

I hope that you can really focus on reviewing statistics in these last few days. When the
reviewing comes to this point, I would like you to look at the formula package for the final exam and think about the whole
picture about what you have learned in this course. You may ask yourself the following questions to help you understand
how you will apply them to solve the real questions.
➢ Are you clear about different kind of data information and have you learned some methods of organizing data?
➢ Do you understand random variable and are you clear with the terms: experiment, outcome, events and probability?
➢ Do you know the difference between discrete random variables and continuous random variables?
➢ Do you clearly understand binomial distribution and Poisson distribution? Make sure that you know the meaning of the parameters.
➢ Are you clear about normal distribution and exponential distribution? Can you describe the background of them?
➢ Do you know how to calculate some key parameters (such as mean, variance, standard deviation) from a data collection or from a
random variable probability distribution?
➢ Do you understand point estimation and interval estimation?
➢ What are the random variables in sampling distribution?
➢ Do you know the difference between estimation and hypothesis testing?
➢ Can you tell the difference between z-test and t-test?
➢ Do you know the difference of confidence level 1 – α and significance level α?
➢ Have you practiced all the possible Excel functions we have used?
I hope that you are all doing a great review now and will have a great exam next week.
Our course will continue next semester but this part I on Pearson StatLab will be over. I have
extended the deadline for you to access this course until Jan. 6, 2023. If you like to
do some review or exercises during the holiday period, you can still access it.
Especially the last two chapters will be the foundation of the course in next
semester. You will be able to access the second part of this course at the end
Of this month. You will be informed when it is available.