PreparED Study Materials

STAT 02260: Statistics 1

School: Rowan University

Number of Notes and Study Guides Available: 2

Notes

Videos

Evaluating Expressions Using a Set of Scores
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Discover the methodology behind evaluating various mathematical expressions using a given set of scores. By interpreting and applying summation notation, learn how to compute the desired results from a set of numbers. Key conclusions showcase the step-by-step calculations and their significance.

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.

Calculating Mean & Modal Class for Million-Dollar Bonuses
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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.

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.

Crunching Car Sales Data: Size, Color, and Probability Insights
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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.

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.

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