This Java applet demonstrates confidence intervals for the mean. It allows the user to alter sample size, samples taken, intervals, and the option of standard error. The applet displays sample values, such as average, standard deviation, and percent covered.
This collection of calculators allows users to perform a number of statistical applications. Each provides background on the procedure and an example. Users can compute Descriptive Statistics and perform t-tests, Chi-square tests, Kolmogorov-Smirnov tests, Fisher's Exact Test, contingency tables, ANOVA, and regression.
Poses the following problem: Suppose there was one of six prizes inside your favorite box of cereal. Perhaps it's a pen, a plastic movie character, or a picture card. How many boxes of cereal would you expect to have to buy, to get all six prizes?
Students explore the definition and interpretations of the probability of an event by investigating the long run proportion of times a sum of 8 is obtained when two balanced dice are rolled repeatedly. Making use of hand calculations, computer simulations, and descriptive techniques, students encounter the laws of large numbers in a familiar setting. By working through the exercises, students will gain a deeper understanding of the qualitative and quantitative relationships between theoretical probability and long run relative frequency. Particularly, students investigate the proximity of the relative frequency of an event to its probability and conclude, from data, the order on which the dispersion of the relative frequency diminishes. Key words: probability, law of large numbers, simulation, estimation
Includes project file for Minitab and coding for a dice rolling simulation.
The Food and Drug Administration requires pharmaceutical companies to establish a shelf life for all new drug products through a stability analysis. This is done to ensure the quality of the drug taken by an individual is within established levels. The purpose of this out-of-class project or in-class example is to determine the shelf life of a new drug. This is done through using simple linear regression models and correctly interpreting confidence and prediction intervals. An Excel spreadsheet and SAS program are given to help perform the analysis. Key words: prediction interval, confidence interval, stability