PreparED Study Materials
STAT 3090: Introductory Business Statistics
School: Clemson University
Number of Notes and Study Guides Available: 5
Notes
Videos
Confidence Intervals for Bag Weights: A Statistical Guide
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Understand the process of determining the 94.26% confidence interval for the median weight of "80-pound" bags of water softener pellets using a standard normal table and specified formulas. Additionally, explore the steps to deduce a confidence level of 90.47%.
Assumptions in Statistics: A High School Age Distribution Error
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Analyze the statistical assumptions made about high school students' ages, emphasizing the importance of understanding distributions before applying the Standard Normal Table.
Eye Color & Assortative Mating in Scandinavian Couples
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Explore the concept of assortative mating through an eye-color study of 204 Scandinavian couples. Discover how probabilities highlight nonrandom mating patterns. Conclude if eye colors of partners are independent or reveal assortative tendencies.
Analyzing Teen Texting: Confidence Interval & Plausibility
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Discover how to calculate the 95% confidence interval for a population proportion using sample data. Through a practical example about texting habits among American teens, learn the implications of this statistical tool and how to assess plausibility.
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.
Job Trends Analysis: Normal Approximation & Z-Values
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Explore the nuances of determining the likelihood of specific employment patterns using statistical methods. Understand the application of the normal approximation to the binomial distribution and the role of z-values in probability determinations. Gain clarity on interpreting employment trends with the help of a standard normal table.