# Lecture Examples

• ### Stock Exchange Game

This activity allows the user to experiment with expected values by changing probabilities and payoffs for two people buying stocks, repeating the experiment up to 100 times. There are links to discussion topics and activities related to the applet.

• ### HyperStat Online: Ch. 8 Confidence Intervals

This resource gives a thorough definition of confidence intervals. It shows the user how to compute a confidence interval and how to interpret them. It goes into detail on how to construct a confidence interval for the difference between means, correlations, and proportions. It also gives a detailed explanation of Pearson's correlation. It also includes exercises for the user.

• ### Confidence Intervals

This resource assists the user in reading, constructing, and understanding confidence intervals.
• ### Statistical Significance

This article may help the user understand the concept of statistical significance and the meaning of the numbers produced by The Survey System. This article is presented in two parts. The first part simplifies the concept of statistical significance as much as possible; so that non-technical readers can use the concept to help make decisions based on their data. The second part provides more technical readers with a fuller discussion of the exact meaning of statistical significance numbers.
• ### Interpreting Statistical p-values

This page discusses the understanding of and interpretation of p-values for those who read articles with statistical information.
• ### Java Demos for Probability and Statistics

A small collection of applets on the following topics: Introduction to Probability Models, Hypergeometric Distribution, Poisson Distribution, Normal Distribution, Proportions, Confidence Intervals for Means, The Central Limit Theorem, Bivariate Normal Distribution, Linear Regression, Buffon's Needle Problem.
• ### Normal Distribution JAVA Applet

This applet shades the graph and computes the probability of X, when X is between two parameters x1 and x2. The user inputs the mean, standard deviation, x1 and x2. This applet should be resized for optimal viewing.

• ### Psychic Test Demonstration

Users can test their "psychic ability" to predict the future by guessing the outcome of a coin toss before it occurs. Enter your predictions by clicking the "heads" or "tails" button. When you enter your guess, the coin is tossed and the result is displayed. As you continue guessing, the applet keeps track of the total number of guesses and the total number of correct guesses, plotting it above. If you are truly psychic, you should be able to beat the odds in the long run. You can "weight" the coin by changing the probability of it landing heads.
• ### Rocket Launch Probability

This applet is designed to teach an application of probability. This java applet works by simulating a situation where a three stage rocket is about to be launched. In order for a successful launch to occur all three stages of the rocket must successfully pass their pre-takeoff tests. By default, each stage has a 50% chance of success, however, this can be altered by dragging the bar next to each stage.
• ### Tests of Proportions Applet

In this applet, we simulate a series of hypothesis of tests for the value of the parameter p in a Bernoulli random variable. Each column of red and green marks represents a sample of 30 observations. "Successes'' are coded by green marks and "failures'' by red marks.