PreparED Study Materials
STAT 291: Statistics for Business and Economics
School: University of South Carolina
Number of Notes and Study Guides Available: 1
Notes
Videos
Exit Poll Analysis: Education Funding Referendum Votes
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Explore the application of proportion z-tests in analyzing exit polling data. Understand how to determine the likelihood of sample results given a population proportion. Recognize the importance of considering non-sampling errors in interpreting exit poll outcomes.
Let Y be a random variable with mean 11 and variance 9
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Calcium in Chautauqua's Rain: 1990 vs. 2010 Analysis
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Explore the calcium concentration in Chautauqua's rainwater from 2010, comparing it to 1990 levels. Using statistical tests, examine normal distribution and determine significant changes. The results provide insights into environmental shifts over two decades.
Football Field Goal Probabilities: A Multi-Player Analysis
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Discover the art of calculating probabilities in football. Using three players' success rates, we determine the odds of different goal outcomes. Understand independent and mutually exclusive events in a real-world scenario.
Understanding Delaware's Income Distribution: A Statistical Look
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Analyze Delaware's per capita annual income using statistical methods. Understand the probabilities associated with various income levels for a sample of state residents. Learn to use the Z score formula for such evaluations.
Comparing Plastic Gear Strengths: Supplier 1 vs. Supplier 2 Analysis
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This video presents a comparison between two suppliers of plastic gears in terms of their mean impact strength. Using statistical tools like the two-sample t-test and confidence intervals, we evaluate which supplier offers stronger gears.