STAT 3313: STAT 3313

Discover the process of analyzing variance in midterm grades with a Chi-Square test. Understand the significance of high variance and its implications. Follow along as we assess a professor's suspicion about unusually varied student performance.

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.

Discover how to determine the probability and mean of young adults watching TV in a week. Using provided data, we compare the sample mean with the calculated population mean to interpret expected TV viewing habits.

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.

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.