STAT 3381: Probability and Statistics

Unpack a Seattle-based study on Emergency Department asthma visits using the Poisson distribution. Explore the probability of visit frequencies and derive insights on healthcare patterns. Conclusions provide a statistical overview of asthma-related ED attendance.

Understand the probabilities of computer ownership among university first-year students through various scenarios. This video breaks down calculations for chances of ownership and non-ownership among random groups.

Compare the mean returns and volatilities of two stocks using t-test and F-test methods. Through the application of hypothesis testing and P-value calculations, we determine which stock provides higher returns and which is riskier.

Discover the principles of permutations with 6 distinct objects. Learn the ins and outs of factorial calculation and its application to combinatorics. Grasp the method to find the number of unique arrangements for any set of items.

Explore the claim that average daily water consumption is 123 gallons. Using statistical testing, we evaluate a new sample against the Old Farmer’s Almanac claim. Learn how to interpret p-values and t-scores in hypothesis testing.

Discover the statistical process behind analyzing the age distribution of proofreaders at a publishing company. Learn how to use the Z-score formula for individual and sample mean probabilities, and how to interpret results using a Z-table.