PreparED Study Materials
STAT 206: Elementary Statistics for Business
School: University of South Carolina
Number of Notes and Study Guides Available: 19
Notes
Study Guides
Stat 206 exam #3 study guide (Engineering)
STAT 206
University of South Carolina
5 pages | Fall 2016
Videos
Brand X vs. Brand Y: 95% Confidence in Voltage Difference
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Compare the voltages of Brand X and Brand Y batteries using statistical analysis. Learn how to determine a 95% confidence interval for their mean differences. Understand the process from data collection to interpretation of results.
Young Adults' TV Habits: Decoding Mean and Probability
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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.
Analyzing Engineers' Graduate Plans: Fortune vs Engineering Horizons D
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This video contrasts Fortune's claim about engineers pursuing further studies with data from Engineering Horizons. Utilizing hypothesis testing and confidence intervals, we assess the validity of Fortune's assertion within a statistical framework.
Comparing Ages: Slot Machine vs. Roulette Players
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Examine the mean ages between two distinct groups: slot machine players and roulette enthusiasts. Utilizing the independent sample t-test, evaluate if there's a significant age difference between the two groups. The findings offer a nuanced understanding of player demographics in gaming environments.
Committee Selection: Breaking Down Probabilities
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Uncover the mathematical methods used to determine various probabilities when selecting committees. Utilize combination formulas and probabilities to evaluate different teacher-parent combinations.
Analyzing Student Homework Times: Quartiles & Data Insights
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Examine a dataset that tracks student homework durations. Understand quartiles, the interquartile range, and skewness in the data. Discover insights into typical study durations and outlier behaviors.