Exam Code: Applied-Probability-and-Statistics
Exam Name: Applied Probability and Statistics (FZO1 C955)
Certification Provider: WGU
Corresponding Certification: Courses and Certificates
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WGU Applied-Probability-and-Statistics Exam Syllabus Topics:

SectionObjectives
Regression and Modeling- Linear Relationships
  • 1. Slope and intercept interpretation
    • 2. Simple linear regression
      Statistical Inference- Hypothesis Testing (Introductory Level)
      • 1. p-values interpretation
        • 2. Null vs alternative hypothesis
          - Estimation and Confidence Intervals
          • 1. Point estimates
            • 2. Confidence interval interpretation
              Probability Theory- Probability Distributions
              • 1. Normal distribution
                • 2. Binomial distribution basics
                  - Fundamental Probability Concepts
                  • 1. Basic probability rules
                    • 2. Conditional probability
                      • 3. Independent vs dependent events
                        Descriptive Statistics- Two Variable Data Analysis
                        • 1. Scatter plots interpretation
                          • 2. Correlation
                            • 3. Outliers and relationships
                              - Single Variable Data Analysis
                              • 1. Measures of central tendency (mean, median, mode)
                                • 2. Data visualization (histograms, box plots)
                                  • 3. Measures of dispersion (variance, standard deviation, range)

                                    WGU Applied Probability and Statistics (FZO1 C955) Sample Questions:

                                    1. Standard deviation increases #

                                    A) Variance decreases
                                    B) Mean increases
                                    C) Data closer
                                    D) Data more spread out


                                    2. In a standard normal distribution, z-score for the mean = ?

                                    A) 0
                                    B) #1
                                    C) 1
                                    D) Cannot determine


                                    3. A child's parents want to analyze the relationship between the daily high temperature and ice cream sales at their child's ice cream stand. They create the following scatterplot.

                                    What is the estimated value of r, the correlation coefficient, between these variables?

                                    A) 0.93
                                    B) 0.39
                                    C) #0.39
                                    D) #0.93


                                    4. Two dice rolled, probability of both even = ?

                                    A) 1/6
                                    B) 1/2
                                    C) 1/4
                                    D) 1/3


                                    5. Standard deviation squared = ?

                                    A) Variance
                                    B) Median
                                    C) Mean
                                    D) Standard error


                                    Solutions:

                                    Question # 1
                                    Answer: D
                                    Question # 2
                                    Answer: A
                                    Question # 3
                                    Answer: A
                                    Question # 4
                                    Answer: C
                                    Question # 5
                                    Answer: A

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