PreparED Study Materials
STAT 201: Introduction to Business Statistics
School: Drexel University
Number of Notes and Study Guides Available: 1
Notes
Videos
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.
Crunching Car Sales Data: Size, Color, and Probability Insights
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Uncover the likelihood of different car combinations by size and color from a dealer's sales data. Learn how to calculate probabilities, from the chances of a small car being black to the odds a non-small car isn't gray. An insightful look into understanding car preferences.
Calcium in Chautauqua's Rain: 1990 vs. 2010 Analysis
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Explore the calcium concentration in Chautauqua's rainwater from 2010, comparing it to 1990 levels. Using statistical tests, examine normal distribution and determine significant changes. The results provide insights into environmental shifts over two decades.
Cereal Box Weights: Z-Scores, Probabilities & Truth Behind Claims
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Explore the intricacies of evaluating cereal box weights using Z-scores and normal distribution. By examining both individual boxes and a sample mean, understand the probabilities of achieving certain weight values. Gain insights into how statistical tools help interpret real-world product claims.
Analyzing Ford F-750 Mileage Using Z-Scores & Probabilities
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Explore how z-scores help analyze the mileage of Ford Super Duty F-750 trucks. Discover the percentages that reached specific mileage markers and grasp the significance of data using the z-table.