STATS 201: STATS 201

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.

Explore the intricacies of calculating probabilities using set theory concepts such as union and intersection. With step-by-step computations, understand how to find the likelihood of events A and B occurring or not occurring together. Witness the application of classic probabilistic formulas.

Explore how a university dean estimates freshmen study hours using statistical methods. Understand the importance of z-scores, confidence levels, and sample sizes in making accurate predictions. Learn how to ensure results are within a desired error margin.

Discover the mathematical principles behind choosing free samples in online shopping scenarios. Understand combinations, how to calculate them, and see real-world examples of selecting multiple items.

Examine the potential biases in a Parade Magazine survey about banning cell phone use while driving, focusing on the implications of voluntary response sampling.