PreparED Study Materials
STAT 337: QBA 337 - Applied Business Statistics
School: Missouri State University
Number of Notes and Study Guides Available: 0
Videos
Pet Phone Calls: Validating a 37% Claim with Z-test
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Explore a claim from the American Animal Hospital Association that 37% of pet owners communicate with their pets over the phone. Through hypothesis testing and a z-test, evaluate a skeptical veterinarian's doubts. Conclusions shed light on pet owners' unique communication habits.
Comparing Plastic Gear Strengths: Supplier 1 vs. Supplier 2 Analysis
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This video presents a comparison between two suppliers of plastic gears in terms of their mean impact strength. Using statistical tools like the two-sample t-test and confidence intervals, we evaluate which supplier offers stronger gears.
Analyzing Teen Texting: Confidence Interval & Plausibility
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Discover how to calculate the 95% confidence interval for a population proportion using sample data. Through a practical example about texting habits among American teens, learn the implications of this statistical tool and how to assess plausibility.
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.
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.
U.S. Adult Satisfaction in 2010: Confidence Interval Analysis
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Discover how to construct a confidence interval for understanding U.S. adult satisfaction. Using a sample from a 2010 Gallup Poll, we unveil the proportion of adults pleased with the state of affairs, backed by statistical calculations.