PreparED Study Materials
STAT 301: Business Statistics
School: Indiana University
Number of Notes and Study Guides Available: 11
Notes
S301 week 10 lecture & textbook notes (Statistics)
STAT 301
Indiana University
3 pages | Spring 2015
Study Guides
Videos
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.
Lake Macatawa Bacteria: 90% Confidence Analysis
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Discover the method to analyze bacteria colonies in Lake Macatawa's east basin. Using 30 samples, we compute a 90% confidence interval for the mean colony count. Learn the steps of statistical analysis in environmental studies.
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%.
42.1 Web Visits: How It Stacks Up to U.S. Average
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Explore how hypothesis testing is used to compare a sample mean of Internet visits to the national average. Through calculations and statistical analysis, we determine if a sample of users' web usage significantly deviates from the average U.S. web usage.
Arranging Talent: Math Behind Performance Sequences
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Explore the fascinating world of permutations to determine the number of possible arrangements for a talent show. Learn how constraints change the number of valid sequences and delve into combinatorial techniques.
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.