Unformatted text preview: tain situations. ༉ Thus we need to use the language of Probability. ༉ “Probability theory is nothing but common sense reduced to calculation.” Pierre Simon Laplace Statistics: Unlocking the Power of Data Lock5 Examples of Uncertainty Situations ༉ If a driver is involved in an accident, what is the chance he or she is under 25 years old? ༉ If a man in the US lives until his 60th birthday, what is the probability that he lives to be at least 90 years old? ༉ What is the age distribution of the US population? ༉ If a 40 year old woman has a positive mammogram, what is the probability that she actually has breast cancer? Statistics: Unlocking the Power of Data Lock5...
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 Spring '14
 Statistics, Probability, Standard Deviation, Probability theory

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