PreparED Study Materials

STAT 201: Introduction to Business Statistics

School: Drexel University

Number of Notes and Study Guides Available: 1

Notes

Videos

Americans on Marriage: Statistical Insights from a Sample
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Review a Pew Research Center study on Americans' beliefs about marriage. Through statistical analysis, understand the sampling distribution, standard deviation, and the probabilities surrounding various beliefs. The insights detail public sentiments and the significance of sample outcomes.

Unpacking Bias in Surveys: Analyzing Parade's Cell Phone Ban Poll
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Examine the potential biases in a Parade Magazine survey about banning cell phone use while driving, focusing on the implications of voluntary response sampling.

Testing the Claim: Is Soft Drink Consumption Really 52 Gallons?
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Discover the process of using a one-sample t-test to validate a claim about average soft drink consumption. By calculating the test statistic and analyzing the corresponding P-value, we determine the validity of the researcher's assertion.

Assumptions in Statistics: A High School Age Distribution Error
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Analyze the statistical assumptions made about high school students' ages, emphasizing the importance of understanding distributions before applying the Standard Normal Table.

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.

Calculating Permutations: 720 Ways to Arrange 6 Objects
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Discover the principles of permutations with 6 distinct objects. Learn the ins and outs of factorial calculation and its application to combinatorics. Grasp the method to find the number of unique arrangements for any set of items.

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