Review for Exam 2

October 3, 2018

Free STEM Leadership Workshop on Nov 3. Click here for details: STEM RISING (4)

Exam 2 on Mon, Oct 8

  • Open book, notes, calculator
  • No phones, laptops, watches
  • No talking with neighbors
  • No leaving classroom
  • Write neatly
  • Follow instructions

Review Topics:

  • Scatterplots
  • Correlation
  • Pearson Correlation Coefficient
  • Least Squares Regression
    • Sum of Squares
    • Linear Regression
    • Calculate slope and y-intercept for linear equation
    • Calculate R-Squared
    • Forecasting with a regression equation (plug in x and solve for y)
  • Cautions about Regression and Correlation
    • Extrapolation
    • Spurious correlation
    • Correlation ≠ causation
    • Lurking variables
    • Influential observations
    • Sensitivity analysis
    • Demonstrating causation
      • Retrospective studies
      • Prospective studies

Activity:

Assignment:

  • Study for Exam 2

Justin

Justin Holman is CEO of Aftermarket Analytics, where he leads efforts to develop cutting edge sales forecasting and inventory optimization technology for the Automotive Aftermarket. Prior to joining Aftermarket Analytics, Justin managed corporate consulting for the Strategy & Analytics division at MapInfo Corporation, leading major projects for retail clients including The Home Depot, Darden Restaurants, Bridgestone-Firestone, Sainsbury’s and New York & Company. Before that, Justin served as Vice President of Software Development at LogicTools, now part of IBM's supply chain application software group. Justin holds a B.A. from Claremont McKenna College, a Ph.D. from the University of Oregon and an Executive Management certificate from Northwestern University's Kellogg School of Management.

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