PreparED Study Materials

STAT 579: STAT 579

School: Iowa State University

Number of Notes and Study Guides Available: 1

Notes

Videos

Comparing Stock Returns & Volatility: T-test and F-test Insights
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Compare the mean returns and volatilities of two stocks using t-test and F-test methods. Through the application of hypothesis testing and P-value calculations, we determine which stock provides higher returns and which is riskier.

Committee Selection: Breaking Down Probabilities
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Uncover the mathematical methods used to determine various probabilities when selecting committees. Utilize combination formulas and probabilities to evaluate different teacher-parent combinations.

Poisson Distribution in Event Count & Uranium Discovery
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Explore the dynamics of Poisson distribution using both theoretical understanding and a practical application related to discovering uranium deposits. With the help of Bayes' formula and parameter adjustments, interpret various probabilities and outcomes for event occurrences.

Actinomycin D's Impact on RNA Synthesis: An Experimental Insigh
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Explore a biologist's experiment testing the effects of actinomycin D concentrations on RNA synthesis in cells. By analyzing the outcomes and calculating p-values, this video offers insights into how higher concentrations might inhibit normal RNA synthesis.

Analyzing Engineers' Graduate Plans: Fortune vs Engineering Horizons D
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This video contrasts Fortune's claim about engineers pursuing further studies with data from Engineering Horizons. Utilizing hypothesis testing and confidence intervals, we assess the validity of Fortune's assertion within a statistical framework.

Analyzing Voter Demographics: Independence & Exclusivity
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Analyze the relationships between different political affiliations and age groups. Determine whether certain events are independent, mutually exclusive, or neither, based on the provided probabilities. The findings offer a nuanced understanding of voter demographics and their interdependencies.

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