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Statistics · Studypool

Statistics Question

Overview

exam starting at 18:20 today You may bring to the exam 8 pages of notes, front and back, 8 1/2 by 11 inch, written or typed. No photocopies. So essentially 16 sides of paper. No books, no PPTs, no notes on computers or IPADS or other tablets or other electronic devices. Phone must be put away during the exam in pocket, bag or purse. You may not text or email or communicate with anyone in anyway during the exam. You may have on your laptops any EXCEL files that will help you do break even/NPV/merge purge/etc. You can bring a calculator, but not one on a phone or smartphone or on any other electronic device.

Be sure you know how to access Census data through the various sites we have gone over in class. Make sure you know how to use Claritas and have access to ChatGPT 4.0

What you should study (this may not be a complete lists but it is pretty comprehensive)

MLR, SLR, Correlation, Scatter plots and trendlines

Breakeven

NPV

Monetary value

Profitability

Census data

Claritas data

different kinds of variables

How to combine variables into what type of variables

Inactive customers vs. active customers

Cross tabbing

Gains charts

Entity relationships

Merge/purge

Sampling

Validation samples

RFM

Retention

Different kinds of data tables

Different kinds of lists.

Database maintenance rules

Updates to data tables and updates to customer records -- how to do this, what is it

Test variables

Nth name select

Basics of large language models, prompt engineering

Remember this is not a comprehensive list, but a guide as to what to study.