PreparED Study Materials
STAT 250: Introduction to Statistics
School: University of Michigan
Number of Notes and Study Guides Available: 45
Notes
Study Guides
Videos
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.
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
Let Y be a random variable with mean 11 and variance 9
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42.1 Web Visits: How It Stacks Up to U.S. Average
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Explore how hypothesis testing is used to compare a sample mean of Internet visits to the national average. Through calculations and statistical analysis, we determine if a sample of users' web usage significantly deviates from the average U.S. web usage.
Uniform Data: Probabilities of Sample Means
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This video offers a comprehensive look into the discrete uniform population, analyzing a sample size of 54 selected with replacement. Through calculated steps, viewers learn how to determine probabilities for a sample mean within specified limits. Utilizing Z-scores and standard normal tables, the session illuminates statistical principles in real-world scenarios.
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.