PreparED Study Materials

STAT 321: STAT 321

School: Virginia Commonwealth University

Number of Notes and Study Guides Available: 1

Notes

Videos

Lake Macatawa Bacteria: 90% Confidence Analysis
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Discover the method to analyze bacteria colonies in Lake Macatawa's east basin. Using 30 samples, we compute a 90% confidence interval for the mean colony count. Learn the steps of statistical analysis in environmental studies.

Eye Color & Assortative Mating in Scandinavian Couples
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Explore the concept of assortative mating through an eye-color study of 204 Scandinavian couples. Discover how probabilities highlight nonrandom mating patterns. Conclude if eye colors of partners are independent or reveal assortative tendencies.

Car Theft Rates: Does Your Car Type Influence Risk?
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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.

Sullivan's Algebra Scores: Frequency to Probabilities Analysis
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Explore Sullivan’s College Algebra homework score analysis, from frequency distribution construction to in-depth statistical calculations such as standard deviation. Discover histogram visualizations, mean and median interpretations, and probability estimations for various score thresholds. Utilize Excel functions for precise calculations.

Predicting Preference: Using Binomial Distribution for a New Dairy For
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Discover how the binomial distribution formula can predict the preference of judges for a new dairy drink formula. Understand the odds of different outcomes from unanimous approval to complete rejection. Dive into probability, expectations, and variance to decode consumer choices.

Comparing Stock Returns & Volatility: T-test and F-test Insights
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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.

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