STAT 320: STAT 320

Explore the intricacies of calculating probabilities using set theory concepts such as union and intersection. With step-by-step computations, understand how to find the likelihood of events A and B occurring or not occurring together. Witness the application of classic probabilistic formulas.

Learn how to determine the mean and modal class for bonuses in millions. Understand midpoint calculations and how frequencies impact results. Gain insights into bonus distributions in the financial realm.

Uncover the relationship between confidence levels and interval widths. Grasp how the range of confidence intervals broadens with increasing confidence. Understand the trade-offs in statistical certainty and estimation.

Explore the relationship between specific car types and their theft rates. This video assesses correlations between car models like the Honda Accord, Toyota Camry, and others, emphasizing the difference between correlation and causation.

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.

Analyze the statistical assumptions made about high school students' ages, emphasizing the importance of understanding distributions before applying the Standard Normal Table.