PreparED Study Materials
STAT 541: STAT 541
School: Virginia Commonwealth University
Number of Notes and Study Guides Available: 1
Notes
Videos
Let Y be a random variable with mean 11 and variance 9
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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.
Poisson Analysis: Asthma ED Visits in Seattle
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Unpack a Seattle-based study on Emergency Department asthma visits using the Poisson distribution. Explore the probability of visit frequencies and derive insights on healthcare patterns. Conclusions provide a statistical overview of asthma-related ED attendance.
U.S. Adult Satisfaction in 2010: Confidence Interval Analysis
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Discover how to construct a confidence interval for understanding U.S. adult satisfaction. Using a sample from a 2010 Gallup Poll, we unveil the proportion of adults pleased with the state of affairs, backed by statistical calculations.
Testing the Claim: Is Soft Drink Consumption Really 52 Gallons?
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Discover the process of using a one-sample t-test to validate a claim about average soft drink consumption. By calculating the test statistic and analyzing the corresponding P-value, we determine the validity of the researcher's assertion.
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.