FBA 242 RevisionBusiness Statistics · UNILAG DLI

Tonight's plan 🎯

Everything below is built from your actual course notes, self‑assessment answer keys, and real past FBA 220/242 exam papers. Work top to bottom, or jump straight to the CBT if you're short on time.

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Suggested order

1. Study Guide (20–30 min)

Skim every module — formulas + plain-English breakdowns of the tricky bits (skewness, conditional probability, Binomial vs Poisson vs Normal).

2. Flashcards (20 min)

Drill definitions & formulas until "Know it" pile is full.

3. Quiz practice (30 min)

Answer with instant explanations. Filter by your weakest topic.

4. CBT Simulation (final run)

Timed, real exam‑style mixed paper. Simulates the actual CBT.

High‑yield formula sheet

Quick reference — full sheet under "Formulas" tab
Mean (grouped): X̄ = Σfx / Σf
Sample variance: s² = Σ(x−x̄)² / (n−1)
CV = (SD / Mean) × 100%
Skewness (Pearson): Sk = (Mean − Mode) / SD
Binomial: mean = np, var = npq
Poisson: mean = var = λ, CV = 100/√λ %
Normal: Z = (X − μ) / σ

Study Guide

Tap a module, then a session, to expand. Formulas are boxed; worked examples are highlighted.

Flashcards

Tap to flip
Tap to flip back

Practice Quiz

CBT Exam Simulation

Formula Sheet

Full cheat sheet — everything you might need to write out fast in the CBT scratchpad.