PreparED Study Materials
STAT 3381: Probability and Statistics
School: Baylor University
Number of Notes and Study Guides Available: 1
Notes
Videos
2010 US Gas Prices: Insights with Chebyshev’s Inequality
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Unpack the average US gasoline prices in December 2010 using Chebyshev’s Inequality. Discover the minimum percentage of gas stations within specific price deviations. Learn how prices ranged based on standard deviations from the mean.
Americans on Marriage: Statistical Insights from a Sample
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Review a Pew Research Center study on Americans' beliefs about marriage. Through statistical analysis, understand the sampling distribution, standard deviation, and the probabilities surrounding various beliefs. The insights detail public sentiments and the significance of sample outcomes.
Unpacking Bias in Surveys: Analyzing Parade's Cell Phone Ban Poll
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Examine the potential biases in a Parade Magazine survey about banning cell phone use while driving, focusing on the implications of voluntary response sampling.
Probabilities with Poisson Variables X1 & X2
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Explore the complexities of two independent Poisson random variables, X1 and X2, with means ?1 = 2 and ?2 = 3. Understand the process of calculating specific event probabilities and the application of the Poisson formula. Key takeaways include the manipulation and interpretation of these statistical values.
Understanding Mutually Exclusive Events: Real-life Scenarios
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Explore the concept of mutually exclusive events in probability, using practical examples like rolling a die, selecting college students, and understanding political party registrations.
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.