PreparED Study Materials
STAT 2340: Business Statistics
School: University of Utah
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.
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.
Football Field Goal Probabilities: A Multi-Player Analysis
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Discover the art of calculating probabilities in football. Using three players' success rates, we determine the odds of different goal outcomes. Understand independent and mutually exclusive events in a real-world scenario.
Analyzing Salad Habits: A Statistical Look at 85.5%
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Examine a survey of 200 adults regarding salad consumption, leading to a sample proportion of 85.5%. Using hypothesis testing and z-test calculations, the video determines whether more than 85% of American adults eat salad weekly. The results offer statistical insights into dietary habits.
Calculating Permutations: 720 Ways to Arrange 6 Objects
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Discover the principles of permutations with 6 distinct objects. Learn the ins and outs of factorial calculation and its application to combinatorics. Grasp the method to find the number of unique arrangements for any set of items.
Reaction Times in Anderson's Study: Analyzing Central Tendencies
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Explore Anderson's 1999 study on how attention load impacts reaction times. Through hands-on analysis, understand the computation of mean, median, and mode from the provided data. Highlighting the significance of the median in capturing the central tendency amidst potential outliers.