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QM1 Formula Sheets

Two clean, exam-ready cheat sheets for Quantitative Methods I: Math and Statistics: including the standard Normal (Z) table and the t-distribution critical values table. 100% free, no signup.

1 · Math Formulas Sheet

Line equations

Point–slope form
Two-point form
Slope from two points

Quadratic formula

Roots of ax² + bx + c = 0
Discriminant

Inverse functions

Power
Exponential / Logarithm
General base

Important derivatives

Constant
Power rule
Exponential
General exponential
Natural log
General log

Derivative rules

RuleFormula
Sum / Difference
Constant multiple
Product rule
Quotient rule
Chain rule (composition)

Relative rate of increase & elasticity

Relative rate of increase
Elasticity

Interpretation: a 1% increase in changes by approximately %.

Second-order conditions (stationary points)

A stationary point satisfies . Classify with the second derivative:

ConditionType
Local minimum
Local maximum
Inconclusive: possible saddle / inflection point (check sign change of )

For multivariable functions: a critical point is a saddle when the Hessian has eigenvalues of mixed sign ().


2 · Stats Formulas & Tables Sheet

Descriptive statistics

Range
IQR
Outlier rule (1.5 × IQR)
Mean
Sample standard deviation

Z-score

Model-based (population)
Data-based (sample)

Correlation & linear regression

Correlation coefficient
Regression line
Slope
Intercept

Probability rules

Complement
Addition (general)
Multiplication (general)
Conditional
Independence

Random variables

Expected value (discrete)
Variance
Linear transform: mean
Linear transform: variance
Sum of independent X, Y

Discrete distributions

DistributionPMFMeanSD
Geometric (k = trials until 1st success)
Binomial(n, p)
Poisson(λ)

Sampling distribution of ȳ (CLT)

Mean
Standard deviation

For large (rule of thumb ), the sampling distribution of is approximately Normal regardless of the population shape.

Inference framework

Confidence interval
Test statistic

Standard error (SE) reference table

ParameterStandard error
Proportion
Mean
Difference of means
Paired mean
Regression slope b₁
Mean response ŷ at x₀
Prediction at x₀

Pooled estimates

Pooled proportion
SE: pooled (two proportions)
Pooled variance (two means)
SE: pooled (two means)

Chi-square statistic

Chi-square

= observed count, = expected count. Degrees of freedom depend on the test (e.g. for an contingency table).

Table Z: Standard Normal CDF, P(Z ≤ z)

Find row for the integer + 1st decimal of z, column for the 2nd decimal. Two halves shown: negative z (left) and non-negative z (right). Range covered: −3.9 to +3.9.

Negative z values: −3.9 to −0.0
z.00.01.02.03.04.05.06.07.08.09
-3.90.000050.000050.000040.000040.000040.000040.000040.000040.000030.00003
-3.80.000070.000070.000070.000060.000060.000060.000060.000050.000050.00005
-3.70.000110.000100.000100.000100.000090.000090.000080.000080.000080.00008
-3.60.000160.000150.000150.000140.000140.000130.000130.000120.000120.00011
-3.50.000230.000220.000220.000210.000200.000190.000190.000180.000170.00017
-3.40.000300.000300.000300.000300.000300.000300.000300.000300.000300.00020
-3.30.000500.000500.000500.000400.000400.000400.000400.000400.000400.00030
-3.20.000700.000700.000600.000600.000600.000600.000600.000500.000500.00050
-3.10.00100.000900.000900.000900.000800.000800.000800.000800.000700.00070
-3.00.00130.00130.00130.00120.00120.00110.00110.00110.00100.0010
-2.90.00190.00180.00180.00170.00160.00160.00150.00150.00140.0014
-2.80.00260.00250.00240.00230.00230.00220.00210.00210.00200.0019
-2.70.00350.00340.00330.00320.00310.00300.00290.00280.00270.0026
-2.60.00470.00450.00440.00430.00410.00400.00390.00380.00370.0036
-2.50.00620.00600.00590.00570.00550.00540.00520.00510.00490.0048
-2.40.00820.00800.00780.00750.00730.00710.00690.00680.00660.0064
-2.30.01070.01040.01020.00990.00960.00940.00910.00890.00870.0084
-2.20.01390.01360.01320.01290.01250.01220.01190.01160.01130.0110
-2.10.01790.01740.01700.01660.01620.01580.01540.01500.01460.0143
-2.00.02280.02220.02170.02120.02070.02020.01970.01920.01880.0183
-1.90.02870.02810.02740.02680.02620.02560.02500.02440.02390.0233
-1.80.03590.03510.03440.03360.03290.03220.03140.03070.03010.0294
-1.70.04460.04360.04270.04180.04090.04010.03920.03840.03750.0367
-1.60.05480.05370.05260.05160.05050.04950.04850.04750.04650.0455
-1.50.06680.06550.06430.06300.06180.06060.05940.05820.05710.0559
-1.40.08080.07930.07780.07640.07490.07350.07210.07080.06940.0681
-1.30.09680.09510.09340.09180.09010.08850.08690.08530.08380.0823
-1.20.11510.11310.11120.10930.10750.10560.10380.10200.10030.0985
-1.10.13570.13350.13140.12920.12710.12510.12300.12100.11900.1170
-1.00.15870.15620.15390.15150.14920.14690.14460.14230.14010.1379
-0.90.18410.18140.17880.17620.17360.17110.16850.16600.16350.1611
-0.80.21190.20900.20610.20330.20050.19770.19490.19220.18940.1867
-0.70.24200.23890.23580.23270.22960.22660.22360.22060.21770.2148
-0.60.27430.27090.26760.26430.26110.25780.25460.25140.24830.2451
-0.50.30850.30500.30150.29810.29460.29120.28770.28430.28100.2776
-0.40.34460.34090.33720.33360.33000.32640.32280.31920.31560.3121
-0.30.38210.37830.37450.37070.36690.36320.35940.35570.35200.3483
-0.20.42070.41680.41290.40900.40520.40130.39740.39360.38970.3859
-0.10.46020.45620.45220.44830.44430.44040.43640.43250.42860.4247
0.00.50000.49600.49200.48800.48400.48010.47610.47210.46810.4641
Non-negative z values: 0.0 to 3.9
z.00.01.02.03.04.05.06.07.08.09
0.00.50000.50400.50800.51200.51600.51990.52390.52790.53190.5359
0.10.53980.54380.54780.55170.55570.55960.56360.56750.57140.5753
0.20.57930.58320.58710.59100.59480.59870.60260.60640.61030.6141
0.30.61790.62170.62550.62930.63310.63680.64060.64430.64800.6517
0.40.65540.65910.66280.66640.67000.67360.67720.68080.68440.6879
0.50.69150.69500.69850.70190.70540.70880.71230.71570.71900.7224
0.60.72570.72910.73240.73570.73890.74220.74540.74860.75170.7549
0.70.75800.76110.76420.76730.77040.77340.77640.77940.78230.7852
0.80.78810.79100.79390.79670.79950.80230.80510.80780.81060.8133
0.90.81590.81860.82120.82380.82640.82890.83150.83400.83650.8389
1.00.84130.84380.84610.84850.85080.85310.85540.85770.85990.8621
1.10.86430.86650.86860.87080.87290.87490.87700.87900.88100.8830
1.20.88490.88690.88880.89070.89250.89440.89620.89800.89970.9015
1.30.90320.90490.90660.90820.90990.91150.91310.91470.91620.9177
1.40.91920.92070.92220.92360.92510.92650.92790.92920.93060.9319
1.50.93320.93450.93570.93700.93820.93940.94060.94180.94290.9441
1.60.94520.94630.94740.94840.94950.95050.95150.95250.95350.9545
1.70.95540.95640.95730.95820.95910.95990.96080.96160.96250.9633
1.80.96410.96490.96560.96640.96710.96780.96860.96930.96990.9706
1.90.97130.97190.97260.97320.97380.97440.97500.97560.97610.9767
2.00.97720.97780.97830.97880.97930.97980.98030.98080.98120.9817
2.10.98210.98260.98300.98340.98380.98420.98460.98500.98540.9857
2.20.98610.98640.98680.98710.98750.98780.98810.98840.98870.9890
2.30.98930.98960.98980.99010.99040.99060.99090.99110.99130.9916
2.40.99180.99200.99220.99250.99270.99290.99310.99320.99340.9936
2.50.99380.99400.99410.99430.99450.99460.99480.99490.99510.9952
2.60.99530.99550.99560.99570.99590.99600.99610.99620.99630.9964
2.70.99650.99660.99670.99680.99690.99700.99710.99720.99730.9974
2.80.99740.99750.99760.99770.99770.99780.99790.99790.99800.9981
2.90.99810.99820.99820.99830.99840.99840.99850.99850.99860.9986
3.00.99870.99870.99870.99880.99880.99890.99890.99890.99900.9990
3.10.99900.99910.99910.99910.99920.99920.99920.99920.99930.9993
3.20.99930.99930.99940.99940.99940.99940.99940.99950.99950.9995
3.30.99950.99950.99950.99960.99960.99960.99960.99960.99960.9997
3.40.99970.99970.99970.99970.99970.99970.99970.99970.99970.9998
3.50.99980.99980.99980.99980.99980.99980.99980.99980.99980.9998
3.60.99980.99990.99990.99990.99990.99990.99990.99990.99990.9999
3.70.99990.99990.99990.99990.99990.99990.99990.99990.99990.9999
3.80.99990.99990.99990.99990.99990.99990.99991.00001.00001.0000
3.91.00001.00001.00001.00001.00001.00001.00001.00001.00001.0000

Table T: t-distribution critical values

Two-sided critical values for the most common confidence levels (80%, 90%, 95%, 98%, 99%). For a one-sided test at level , use the column whose two-sided level equals . The last row () matches z critical values.

Table T: two-sided critical values t* by confidence level and df
df80%90%95%98%99%
13.0786.31412.70631.82163.657
21.8862.9204.3036.9659.925
31.6382.3533.1824.5415.841
41.5332.1322.7763.7474.604
51.4762.0152.5713.3654.032
61.4401.9432.4473.1433.707
71.4151.8952.3652.9983.499
81.3971.8602.3062.8963.355
91.3831.8332.2622.8213.250
101.3721.8122.2282.7643.169
111.3631.7962.2012.7183.106
121.3561.7822.1792.6813.055
131.3501.7712.1602.6503.012
141.3451.7612.1452.6242.977
151.3411.7532.1312.6022.947
161.3371.7462.1202.5832.921
171.3331.7402.1102.5672.898
181.3301.7342.1012.5522.878
191.3281.7292.0932.5392.861
201.3251.7252.0862.5282.845
211.3231.7212.0802.5182.831
221.3211.7172.0742.5082.819
231.3191.7142.0692.5002.807
241.3181.7112.0642.4922.797
251.3161.7082.0602.4852.787
261.3151.7062.0562.4792.779
271.3141.7032.0522.4732.771
281.3131.7012.0482.4672.763
291.3111.6992.0452.4622.756
301.3101.6972.0422.4572.750
351.3061.6902.0302.4382.724
401.3031.6842.0212.4232.704
451.3011.6792.0142.4122.690
501.2991.6762.0092.4032.678
601.2961.6712.0002.3902.660
801.2921.6641.9902.3742.639
1001.2901.6601.9842.3642.626
2001.2861.6531.9722.3452.601
5001.2831.6481.9652.3342.586
∞ (z)1.2821.6451.9602.3262.576

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