# BUS 233

## Correlation and Chi-square Tests for Independence

The word “correlate” has several meanings, e.g. “If two or more facts, numbers, etc. correlate or are correlated, there is a relationship between them” (Cambridge Dictionary, n.d.) And “to show that a close connection exists between (two or more things)” (Merriam-Webster, 2019)  Also, “to show that two things are connected.” (Macmillan, n.d.) In statistics, we often …

## Empirical Rule and z-score Probability

Empirical Rule The Empirical Rule applies to a normal, bell-shaped curve than is symmetrical about the mean. It states that within one standard deviation of the mean (both left-side and right-side) there is about 68% of the data; within two standard deviations of the mean (both left-side and right-side) there is about 95% of the data; …

## Two-sample Difference Between Proportions Z-test

Problem https://youtu.be/_SvoDf7Toi4 https://youtu.be/XWLsrGtLfAo

## Confidence Interval for a Proportion

Excel solution   StatCruch solution

## Finite Population Correction factor

The Finite Population Correction Factor, sometimes just called the FPC factor, is used when the sample size is large relative to the population size. For most situations, the population is so large, typical sample sizes are far too small to worry about the need for the FPC. The guidance is that we need to use …

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