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

Videos

Brand X vs. Brand Y: 95% Confidence in Voltage Difference
Stars

Want To Learn More? To watch the entire video and ALL of the videos in the series:

Add to cart

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
Stars

Want To Learn More? To watch the entire video and ALL of the videos in the series:

Add to cart

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
Stars

Want To Learn More? To watch the entire video and ALL of the videos in the series:

Add to cart

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
Stars

Want To Learn More? To watch the entire video and ALL of the videos in the series:

Add to cart

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
Stars

Want To Learn More? To watch the entire video and ALL of the videos in the series:

Add to cart

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
Stars

Want To Learn More? To watch the entire video and ALL of the videos in the series:

Add to cart

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.

Textbook Solutions (0)

Top Selling Study Tools

×

Login

Login or Sign up for access to all of our study tools and educational content!

Forgot password?
Register Now

×

Register

Sign up for access to all content on our site!

Or login if you already have an account

×

Reset password

If you have an active account we’ll send you an e-mail for password recovery

Or login if you have your password back