PreparED Study Materials
STOR 754: STOR 754
School: University of North Carolina - Chapel Hill
Number of Notes and Study Guides Available: 1
Notes
Videos
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.
Understanding Delaware's Income Distribution: A Statistical Look
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Analyze Delaware's per capita annual income using statistical methods. Understand the probabilities associated with various income levels for a sample of state residents. Learn to use the Z score formula for such evaluations.
Analyzing Age Distribution of Proofreaders: A Statistical Approach
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Discover the statistical process behind analyzing the age distribution of proofreaders at a publishing company. Learn how to use the Z-score formula for individual and sample mean probabilities, and how to interpret results using a Z-table.
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.
Computers in Schools: Probabilities & Distributions
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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.
Calculating Confidence Interval for Educational TV Viewership
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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.