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View Resource Random Samples

Created by Kyle Siegrist of the University of Alabama-Huntsville, this is an online, interactive lesson on random samples. The author provides examples, exercises, and applets concerning many different topics. Some of these include: sample mean, law of large numbers, sample variance, partial sums, central limit theorem, special properties of normal samples, order statistics, and sample...

View Resource Descriptive Statistics Calculator

Created by Thomas Kirkman of the College of Saint Benedicts, this page introduces various measures of central tendency and spread with an example on leaf size. Two descriptive statistics calculators are provided which compute mean, median, minimum, maximum, 1st & 3rd quartiles, standard deviation, and the 95% confidence interval for the mean and tests for normality. Users type in individual data...

View Resource Interactive Business Statistics

This collection of applets, created by McGraw-Hill Higher Education, is designed illustrate key concepts described in "Statistical Techniques for Business and Economics," but does not require use of this textbook. Topics include: mean, median, mode, skewness, probability, probability distribution, comparing binomial distribution, normal distribution, central limit theorem, confidence intervals,...

View Resource HyperStat Online: Sampling Distributions

This chapter of the HyperStat Online Textbook discusses in detail sampling distributions of various statistics (mean, median, proportions, correlation, etc.), differences between such statistics, the Central Limit Theorem, and standard error, giving formulas, examples, and exercises.

View Resource To Invest or Not to Invest

This lesson plan introduces students to stock prices and allows them to use stock data to construct line graphs. They will calculate percent increase or decrease for a few different stocks, calculating mean, median, and mode for their different prices. This information will be used to make predictions about one or two of the stocks. This lesson may easily be used in conjunction with economics...

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