PreparED Study Materials
STAT 960: Basic Statistics for Research
School: Rutgers University
Number of Notes and Study Guides Available: 21
Notes
Study Guides
Videos
Analyzing Voter Demographics: Independence & Exclusivity
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Analyze the relationships between different political affiliations and age groups. Determine whether certain events are independent, mutually exclusive, or neither, based on the provided probabilities. The findings offer a nuanced understanding of voter demographics and their interdependencies.
Traffic Light Wait Time: Using Probability to Decode Delays
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Explore the mathematical intricacies behind calculating the waiting time for a motorist at traffic lights. Learn about normal random variables, conditional probabilities, and the challenges in determining specific waiting durations.
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.
Analyzing Ford F-750 Mileage Using Z-Scores & Probabilities
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Explore how z-scores help analyze the mileage of Ford Super Duty F-750 trucks. Discover the percentages that reached specific mileage markers and grasp the significance of data using the z-table.
Two-Sample T-Test: Analyzing Control vs. Supplemented Groups
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Explore the steps to conduct a two-sample t-test using a control and supplemented group. Through hypothesis testing, standard deviation, and P-value interpretation, we analyze the means of both groups to determine statistical differences.
Estimating Study Hours: A 99% Confidence Method"
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Explore how a university dean estimates freshmen study hours using statistical methods. Understand the importance of z-scores, confidence levels, and sample sizes in making accurate predictions. Learn how to ensure results are within a desired error margin.