PreparED Study Materials

STAT 514: STAT 514

School: University of Idaho

Number of Notes and Study Guides Available: 3

Notes

Videos

Comparing Ages: Slot Machine vs. Roulette Players
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Examine the mean ages between two distinct groups: slot machine players and roulette enthusiasts. Utilizing the independent sample t-test, evaluate if there's a significant age difference between the two groups. The findings offer a nuanced understanding of player demographics in gaming environments.

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.

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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.

Testing the 123-Gallon Daily Water Claim: Fact or Fiction?
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Explore the claim that average daily water consumption is 123 gallons. Using statistical testing, we evaluate a new sample against the Old Farmer’s Almanac claim. Learn how to interpret p-values and t-scores in hypothesis testing.

Margin of Error: Decoding the Uncertainty in Estimates
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Unravel the concept of the "margin of error" within the context of estimating children's exposure to lead-based paint. Through clear explanations, comprehend the importance of acknowledging uncertainty in statistical findings and how it represents a range for potential true values.

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