PreparED Study Materials
STAT 513: STAT 513
School: University of South Carolina - Columbia
Number of Notes and Study Guides Available: 1
Notes
Videos
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.
Committee Selection: Breaking Down Probabilities
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Uncover the mathematical methods used to determine various probabilities when selecting committees. Utilize combination formulas and probabilities to evaluate different teacher-parent combinations.
Electronic Failures: Deciding Between Minor & Major Defects Cost-Effec
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Discover the intricacies of determining the cause of electronic system failures, either minor or major defects, using statistical distributions. Learn how to minimize the expected cost and make informed decisions based on soundings and loss tables
Analyzing Age Distribution of Proofreaders: A Statistical Approach
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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.
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.
Battery Lifetimes: Mean, Variance & Standard Deviation
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Discover the nuances of analyzing battery lifetime data through mean, variance, and standard deviation computations. Using class boundaries, midpoints, and frequencies, gain insights into the dispersion of battery lifespans and the average deviation from the mean.