STAT 2160: Business Statistics

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.

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.

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

Assess the distribution of computers across schools using statistical methods. Determine the probability of a randomly selected school having a specific number of computers. From fewer than 50 to more than 100 computers, derive insightful conclusions about school infrastructures.

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 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.