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Statistical Concepts and Analysis Flashcards

7 cards from real Data Science practice questions. Tap to flip, then mark Knew It or Still Learning โ€” missed cards come back until you master them.

Read the first 7 Statistical Concepts and Analysis flashcards as text
  1. Bayes' theorem allows you to update which quantity given new evidence?

    Answer: The prior probability into a posterior probability

    Bayes' theorem revises a prior probability into a posterior using observed evidence.

  2. Overfitting in a statistical model means the model:

    Answer: Fits training noise and generalizes poorly to new data

    Overfitting occurs when a model captures random noise in training data, hurting performance on unseen data.

  3. Which measure is most appropriate for describing the spread of a skewed distribution?

    Answer: Interquartile range

    The IQR is robust to skew and outliers, making it suitable for non-symmetric distributions.

  4. In hypothesis testing, increasing the sample size generally:

    Answer: Increases statistical power

    Larger samples reduce standard error, improving the ability to detect true effects.

  5. A residual in regression is defined as:

    Answer: The difference between an observed and predicted value

    A residual measures the error between the actual observation and the model's prediction.

  6. Which of these is a discrete random variable?

    Answer: Number of customers arriving per hour

    Counts like the number of arrivals take whole-number values, making them discrete.

  7. What does stratified sampling improve compared to simple random sampling?

    Answer: Representation of key subgroups within the population

    Stratified sampling divides the population into subgroups and samples each, ensuring better representation.