PreparED Study Materials
Notes
Videos
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.
011 Car Colors in North America: Trends & Visual Insights
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Discover the trends in car colors for North America in 2011. Break down the percentage distribution of various shades, from dominating whites to the less frequent greens. Understand the best visual techniques to represent this data, weighing the pros and cons of graphs.
Electronic Failures: Deciding Between Minor & Major Defects Cost-Effec
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Discover the intricacies of determining the cause of electronic system failures, either minor or major defects, using statistical distributions. Learn how to minimize the expected cost and make informed decisions based on soundings and loss tables
Calculating Mean & Modal Class for Million-Dollar Bonuses
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Learn how to determine the mean and modal class for bonuses in millions. Understand midpoint calculations and how frequencies impact results. Gain insights into bonus distributions in the financial realm.
ACT Score Bet: Who Owes the Pizza? A 7.6% Chance Explained
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Discover the friendly bet between Leona and Fred surrounding their ACT scores and who owes who a pizza. Using statistical principles like Z-scores and the normal distribution, we'll decipher the odds of one outperforming the other by 5 points.
Evaluating Expressions Using a Set of Scores
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Discover the methodology behind evaluating various mathematical expressions using a given set of scores. By interpreting and applying summation notation, learn how to compute the desired results from a set of numbers. Key conclusions showcase the step-by-step calculations and their significance.