Students will learn to distinguish between discrete and random variables and to compute their means and standard deviations. Read all the highlighted information on pages 246-251 as well as complete the suggested Study Guide exercises #1 (page 246), #2 (pages 248-249), and #3 (page 251). ...
Students will learn to find standard deviation and variance for raw and grouped data and their uses. Read all the highlighted information on pages 104-113 & 124-130 as well as complete the suggested Study Guide exercises #3 (page 107), #4 (page 112), #5 (page 114),...
Students will learn to calculate the measures of central tendency (Mean, Median, Mode, and mid-range) and determine which of these is the best average number and why? They will also understand the importance of weighted means. Read all the highlighted information on pages 92-...
Students will learn to organize outcomes in a sample space using a tree diagram and compute the number of groupings of outcomes using permutations and combinations. Read all the highlighted information on pages 223-231 as well as complete the suggested Study Guide exercises #10 (page...
Students will learn the basic rules of probability and compute the probability of compound events. Read all the highlighted information on pages 194-201 & 206-218 as well as complete the suggested Study Guide exercises #1 (page 195), #2 (page 197), #3 (page 198), #4 (page...
Your work on the new student committee was a huge success! The director of new student recruitment has requested that you continue your work on the committee. Specifically, the director would like you to distribute a small survey to the students who attended the...
Probability tells us the chance or likelihood that a particular event will occur. Whether or not we realize it, every day we use probability to make decisions. For instance, when deciding whether to take an umbrella, we check the weather forecast to see the probability...
Overview In this project, you will apply inference methods for means to test your hypotheses about the housing sales market for a region of the United States. You will use appropriate sampling and statistical methods. Scenario You have been hired by your regional real...
As a student at Campbell University, you have been asked to join a fictional committee that will partner with new students in various programs of study. You will work alongside Campbell students from other programs to coordinate a weekend event that includes a tour...
Scenario You have been hired by the Regional Real Estate Company to help them analyze real estate data. One of the company’s Pacific region salespeople is working to design a new advertisement. The initial draft of the advertisement states that the average cost per...