PreparED Study Materials
STAT 700: STAT 700
School: University of South Carolina - Columbia
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.
Car Theft Rates: Does Your Car Type Influence Risk?
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Explore the relationship between specific car types and their theft rates. This video assesses correlations between car models like the Honda Accord, Toyota Camry, and others, emphasizing the difference between correlation and causation.
42.1 Web Visits: How It Stacks Up to U.S. Average
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Explore how hypothesis testing is used to compare a sample mean of Internet visits to the national average. Through calculations and statistical analysis, we determine if a sample of users' web usage significantly deviates from the average U.S. web usage.
Analyzing Movie Habits Survey: Uncovering Hidden Biases
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Unpack the potential biases in a survey about movie-watching habits based on its design and constraints. Learn how limiting to residential phones and specific time frames can affect results. Recommendations are made to ensure a broader, more accurate perspective.
Predicting Preference: Using Binomial Distribution for a New Dairy For
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Discover how the binomial distribution formula can predict the preference of judges for a new dairy drink formula. Understand the odds of different outcomes from unanimous approval to complete rejection. Dive into probability, expectations, and variance to decode consumer choices.
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.