All of the graduate courses in the Master of Applied Statistics program heavily rely ... Upon completion of this review of basic statistical concepts, you should be​ ...SkiptomaincontentBreadcrumbHomereviewsstatisticalconceptsBasicStatisticalConceptsThePrerequisitesChecklistpageontheDepartmentofStatisticswebsitelistsanumberofcoursesthatrequireafoundationofbasicstatisticalconceptsasaprerequisite. AllofthegraduatecoursesintheMasterofAppliedStatisticsprogramheavilyrelyontheseconceptsandprocedures.Therefore,itisimperative—afteryoustudyandworkthroughthislesson—thatyouthoroughlyunderstandallthematerialpresentedhere.StudentsthatdonotpossessafirmunderstandingofthesebasicconceptswillstruggletoparticipatesuccessfullyinanyofthegraduatelevelcoursesaboveSTAT500.CoursessuchasSTAT501-RegressionMethodsorSTAT502-AnalysisofVarianceandDesignofExperimentsrequireandbuildfromthisfoundation.ReviewMaterialsThesereviewmaterialsareintendedtoprovideareviewofkeystatisticalconceptsandprocedures.Specifically,thelessonreviews:populationsandparametersandhowtheydifferfromsamplesandstatistics,confidenceintervalsandtheirinterpretation,hypothesistestingprocedures,includingthecriticalvalueapproachandtheP-valueapproach,chi-squareanalysis,testsofproportion,andpoweranalysis.Forinstance,withregardstohypothesistesting,someofyoumayhavelearnedonlyoneapproach—sometheP-valueapproach,andsomethecriticalvalueapproach.Itisimportantthatyouunderstandbothapproaches.IftheP-valueapproachisnewtoyou,youmighthavetospendalittlemoretimeonthislessonthanifnot.LearningObjectives&OutcomesUponcompletionofthisreviewofbasicstatisticalconcepts,youshouldbeabletodothefollowing:Distinguishbetweenapopulationandasample.Distinguishbetweenaparameterandastatistic.Understandthebasicconceptandtheinterpretationofaconfidenceinterval.Knowthegeneralformofmostconfidenceintervals.Beabletocalculateaconfidenceintervalforapopulationmeanµ.Understandhowdifferentfactorsaffectthelengthofthet-intervalforthepopulationmeanµ.Understandthegeneralideaofhypothes