PreparED Study Materials
STAT 1220: Elements of STAT I (BUSN)
School: University of North Carolina - Charlotte
Number of Notes and Study Guides Available: 13
Notes
Study Guides
Videos
Battery Lifetimes: Mean, Variance & Standard Deviation
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Discover the nuances of analyzing battery lifetime data through mean, variance, and standard deviation computations. Using class boundaries, midpoints, and frequencies, gain insights into the dispersion of battery lifespans and the average deviation from the mean.
Calculating Confidence Interval for Educational TV Viewership
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Learn how to determine a 90% confidence interval for the proportion of people who watch educational television based on a survey. Understand how to utilize the z-score and interpret results, guiding decisions for a television company's publicity efforts.
Sullivan's Algebra Scores: Frequency to Probabilities Analysis
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Explore Sullivan’s College Algebra homework score analysis, from frequency distribution construction to in-depth statistical calculations such as standard deviation. Discover histogram visualizations, mean and median interpretations, and probability estimations for various score thresholds. Utilize Excel functions for precise calculations.
Understanding Null vs Alternative Hypotheses in Real-world Scenarios
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Explore various scenarios and understand the fundamental principles of the null and alternative hypotheses in statistical testing. This video breaks down how these hypotheses represent current beliefs and potential deviations, aiding in the interpretation of statistical findings.
Crunching Car Sales Data: Size, Color, and Probability Insights
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Uncover the likelihood of different car combinations by size and color from a dealer's sales data. Learn how to calculate probabilities, from the chances of a small car being black to the odds a non-small car isn't gray. An insightful look into understanding car preferences.
Analyzing Movie Habits Survey: Uncovering Hidden Biases
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Unpack the potential biases in a survey about movie-watching habits based on its design and constraints. Learn how limiting to residential phones and specific time frames can affect results. Recommendations are made to ensure a broader, more accurate perspective.