PreparED Study Materials
STAT 420: Methods of Applied Statistics
School: University of Illinois at Urbana - Champaign
Number of Notes and Study Guides Available: 1
Notes
Videos
2010 US Gas Prices: Insights with Chebyshev’s Inequality
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Unpack the average US gasoline prices in December 2010 using Chebyshev’s Inequality. Discover the minimum percentage of gas stations within specific price deviations. Learn how prices ranged based on standard deviations from the mean.
Analyzing Engineers' Graduate Plans: Fortune vs Engineering Horizons D
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This video contrasts Fortune's claim about engineers pursuing further studies with data from Engineering Horizons. Utilizing hypothesis testing and confidence intervals, we assess the validity of Fortune's assertion within a statistical framework.
Real Cowboys' Lifespan: Debunking Wild West Myths
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Explore the actual longevity of legendary cowboys using a detailed sociological study. With data visualization and historical references, challenge popular stereotypes and understand the reality of cowboy lives in the late 19th century.
Comparing Ages: Slot Machine vs. Roulette Players
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Examine the mean ages between two distinct groups: slot machine players and roulette enthusiasts. Utilizing the independent sample t-test, evaluate if there's a significant age difference between the two groups. The findings offer a nuanced understanding of player demographics in gaming environments.
Analyzing Movie Habits Survey: Uncovering Hidden Biases
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Unpack the potential biases in a survey about movie-watching habits based on its design and constraints. Learn how limiting to residential phones and specific time frames can affect results. Recommendations are made to ensure a broader, more accurate perspective.
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.