QMB 3200: Business Statistics and Analysis I

Examine a dataset that tracks student homework durations. Understand quartiles, the interquartile range, and skewness in the data. Discover insights into typical study durations and outlier behaviors.

Uncover the mathematical methods used to determine various probabilities when selecting committees. Utilize combination formulas and probabilities to evaluate different teacher-parent combinations.

Discover the method to analyze bacteria colonies in Lake Macatawa's east basin. Using 30 samples, we compute a 90% confidence interval for the mean colony count. Learn the steps of statistical analysis in environmental studies.

Explore the intricacies of evaluating cereal box weights using Z-scores and normal distribution. By examining both individual boxes and a sample mean, understand the probabilities of achieving certain weight values. Gain insights into how statistical tools help interpret real-world product claims.

Unpack the average US gasoline prices in December 2010 using Chebyshev’s Inequality. Discover the minimum percentage of gas stations within specific price deviations. Learn how prices ranged based on standard deviations from the mean.

Discover the art of calculating probabilities in football. Using three players' success rates, we determine the odds of different goal outcomes. Understand independent and mutually exclusive events in a real-world scenario.