Part 5: Probability & Random Variables
Statistical Concepts Covered
Definition & Properties of Probability
Probability Models
Law of Large Numbers
Relevant Topics Covered
Baseball
The “Curse” of the Home Run Derby
Statistical Concepts Covered
Unions & Intersections
The Addition Rule
Two-Way Tables, Venn Diagrams
Relevant Topics Covered
Do people lie in their online dating profiles?
Statistical Concepts Covered
Conditional Probability
Independence & Multiplication Rule
Tree Diagrams
Relevant Topics Covered
Do people lie in their online dating profiles?
Statistical Concepts Covered
Successive Independent Events
“At Least One” Scenarios
Sampling Without Replacement
Relevant Topics Covered
Kobe’s 81-Point Game
“Hot Hand” Theory
Statistical Concepts Covered
Discrete Random Variables
Probability Distributions
Expected Value
Relevant Topics Covered
Gambling
How Casinos Make $$$
Statistical Concepts Covered
Variance & Standard Deviation
Transforming Random Variables
Combining Random Variables
Relevant Topics Covered
Gambling
How Casinos Make $$$
Statistical Concepts Covered
Geometric Distribution
Binomial Distribution
PDF vs. CDF
Relevant Topics Covered
Basketball
“Granny” Free Throws