Presentation is loading. Please wait.

Presentation is loading. Please wait.

Probability and Sampling Distributions Probability Enquiry about chance Probability of winning a lottery based on buying a single ticket Probability of.

Similar presentations


Presentation on theme: "Probability and Sampling Distributions Probability Enquiry about chance Probability of winning a lottery based on buying a single ticket Probability of."— Presentation transcript:

1 Probability and Sampling Distributions Probability Enquiry about chance Probability of winning a lottery based on buying a single ticket Probability of precipitation Probability of winning a hockey game to assess the likelihood of an event occurring.

2 Definitions for Probability Pp Parameter –describes a population Value not usually known Ss Statistic –computed from sample data Estimates unknown parameters Computed to estimate unknown parameters Mean, standard deviation, variability, etc. Notations Population mean – μ Sample mean - varies from one sample to another is an estimate of μ.

3 Probability Example: State whether each boldface number is a parameter or a statistic. A telemarketing firm in Los Angeles uses a device that dial residential telephone numbers in the city at random. Of the first 100 numbers dialed, 48% are unlisted. This is not surprising because 52% of all Los Angeles residential phones are unlisted. A researcher carries out a randomized comparative experiment with young rats to investigate the effects of a toxic compound in food. She feeds the control group a normal diet. The experimental group receives a diet with 2,500 parts per million of the toxic material. After 8 weeks the mean weight gain is 335 grams for the control group and 289 grams for the experimental group.


Download ppt "Probability and Sampling Distributions Probability Enquiry about chance Probability of winning a lottery based on buying a single ticket Probability of."

Similar presentations


Ads by Google