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Fundamentals of Statistics and Probability

Fundamentals of Statistics and Probability test

Type: Role specific skills

Time: 10 min

Languages: English

Level: Intermediate

Summary of the Fundamentals of Statistics and Probability test

This Fundamentals of Statistics and Probability test evaluates candidates’ understanding of core requirements for statistical data analysis. This test will help you identify candidates who can perform statistical analyses of your data.

Covered skills

Descriptive statistics
Random variables
Sampling techniques and estimation methods
Inferential statistics

Use the Fundamentals of Statistics and Probability test to hire

Data analysts, data scientists, business analysts, financial market analysts, machine learning engineers, software engineers, database administrators, and any other roles requiring a strong grasp of statistics and probability.

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About the Fundamentals of Statistics and Probability test

In today’s world, a plethora of data is floating around in virtually every business. Analyzing this data to glean meaningful insights can drive better business decisions and even lead to whole new market opportunities.

Statistics and probability are at the core of data analysis, driving discoveries in science and helping businesses to make data-driven decisions. Regardless of your field or industry, hiring an expert with knowledge of statistics and probability will allow you to understand your subject more deeply and make predictions about the world.

This Fundamentals of Statistics and Probability test uses applied examples to test candidates’ knowledge in core areas of statistics such as descriptive statistics, random variables, sampling techniques, estimation methods, and inferential statistics.

Candidates who perform well on this Fundamentals of Statistics and Probability test have a strong grasp of statistical and probabilistic concepts, and they know how to apply these concepts to solve real-world problems in a variety of fields. This test will ensure that candidates have the skills to leverage your data to inform business decisions.

The test is made by a subject-matter expert

Amali F.

Amali is a content writer, editor, and tutor in the areas of business statistics, business mathematics, and finance. She holds an MBA from the Cardiff Metropolitan University of the UK, and is an Associate Member of the Chartered Institute of Management Accountants of the UK.

Amali has more than 10 years of work experience in the corporate finance field, and has worked as a Financial Analyst, Manager of Corporate Finance, and Head of Finance.

Crafted with expert knowledge

TestGorilla’s tests are created by subject matter experts. We assess potential subject-matter experts based on their knowledge, ability, and reputation. Before being published, each test is peer-reviewed by another expert, then calibrated using hundreds of test takers with relevant experience in the subject.

Our feedback mechanisms and unique algorithms allow our subject-matter experts to constantly improve their tests.

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FAQs

An assessment is the total package of tests and custom questions that you put together to evaluate your candidates. Each individual test within an assessment is designed to test something specific, such as a job skill or language. An assessment can consist of up to 5 tests and 20 custom questions. You can have candidates respond to your custom questions in several ways, such as with a personalized video.

A video question is a specific type of custom question you can add to your assessment. Video questions let you create a question and have your candidates use their webcam to record a video response. This is an excellent way to see how a candidate would conduct themselves in a live interview, and is especially useful for sales and hospitality roles. Some good examples of things to ask for video questions would be "Why do you want to work for our company?" or "Try to sell me an item you have on your desk right now."

Besides video questions, you can also add the following types of custom questions: multiple-choice, coding, file upload, and essay. Multiple-choice lets your candidates choose from a list of answers that you provide, coding lets you create a coding problem for them to solve, file upload allows your candidates to upload a file that you request (such as a resume or portfolio), and essay allows an open-ended text response to your question. You can learn more about different custom question types here.

An assessment is the total package of tests and custom questions that you put together to evaluate your candidates. Each individual test within an assessment is designed to test something specific, such as a job skill or language. An assessment can consist of up to 5 tests and 20 custom questions. You can have candidates respond to your custom questions in several ways, such as with a personalized video.

A video question is a specific type of custom question you can add to your assessment. Video questions let you create a question and have your candidates use their webcam to record a video response. This is an excellent way to see how a candidate would conduct themselves in a live interview, and is especially useful for sales and hospitality roles. Some good examples of things to ask for video questions would be "Why do you want to work for our company?" or "Try to sell me an item you have on your desk right now."

Besides video questions, you can also add the following types of custom questions: multiple-choice, coding, file upload, and essay. Multiple-choice lets your candidates choose from a list of answers that you provide, coding lets you create a coding problem for them to solve, file upload allows your candidates to upload a file that you request (such as a resume or portfolio), and essay allows an open-ended text response to your question. You can learn more about different custom question types here.

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