STAT 2112: Business and Economic Statistics II

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.

Explore a statistical approach to analyze the claim about average tornado lengths. Understand the nuances of hypothesis testing, from setting null and alternative hypotheses to interpreting P-values. Witness a comprehensive breakdown of the evidence from a sample of 500 tornadoes.

Explore the concept of mutually exclusive events in probability, using practical examples like rolling a die, selecting college students, and understanding political party registrations.

Discover how to determine the probability and mean of young adults watching TV in a week. Using provided data, we compare the sample mean with the calculated population mean to interpret expected TV viewing habits.

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.

Unpack a Seattle-based study on Emergency Department asthma visits using the Poisson distribution. Explore the probability of visit frequencies and derive insights on healthcare patterns. Conclusions provide a statistical overview of asthma-related ED attendance.