Chapter 4: Probability
Chapter 4
Introduction to Basic Probability
LEARNING OBJECTIVES
The main objective of Chapter 4 is to help you understand the basic
principles of probability, thereby enabling y
MATH 201: Basic Statistics
Wilson Gan
Lecture Four
Reference for Definitions: Bowerman et al. (2009)
Probability
The probability of an event is a number that
measures the likelihood that an event will
MATH 201: Basic Statistics
Wilson Gan
Lecture Five
Reference for Definitions: Bowerman et al. (2009)
Random Variables
Two Types of Random Variables: Discrete and
Continuous
Random Variables
A random v
Internal Business Processes is simply the description of what each departments works in
the hotel is about and what their responsibilities are. There are 5 departments in the hotel
that work with each
Chapter 6: Continuous Distributions
Chapter 6
Continuous Probability Distributions
LEARNING OBJECTIVES
The primary learning objective of Chapter 6 is to help you understand
continuous distributions, t
Chapter 12: Simple Regression Analysis
1
Chapter 12
Introduction to Regression Analysis and Correlation
LEARNING OBJECTIVES
The overall objective of this chapter is to give you an understanding of biv
Chapter 8: Statistical Inference: Estimation for Single Populations 1
Chapter 8
Estimating Parameters for Single Populations
LEARNING OBJECTIVES
The overall learning objective of Chapter 8 is to help
MATH 201: Basic Statistics
Wilson Gan
Lecture Eight
Reference for Definitions: Bowerman et al. (2009)
Forecasting
Three approaches to forecasting demand:
Moving Average | Weighted Moving Average |
Lin
Chapter 5: Discrete Distributions
Chapter 5
Discrete Probability Distributions
LEARNING OBJECTIVES
The overall learning objective of Chapter 5 is to help you understand a
category of probability distr
MATH 201: Basic Statistics
Wilson Gan
Lecture Two
Can Charts Lie?
They say that a picture paints a thousand words. Graphs
allow you to paint vastly different pictures with the same
thousand words in o
Chapter 2: Charts and Graphs 1
Chapter 2
Visualizing the Data
LEARNING OBJECTIVES
The overall objective of Chapter 2 is for you to master several techniques
for summarizing and depicting data, thereby
MATH 201: Basic Statistics
Wilson Gan
Lecture Three
Reference for Definitions: Bowerman et al. (2009)
Descriptive Statistics
Statistics is the study of how to collect, summarize and
interpret numerica
Chapter 3: Descriptive Statistics
1
Chapter 3
Describing Data through Statistics
LEARNING OBJECTIVES
The focus of Chapter 3 is the use of statistical techniques to describe data,
thereby enabling you
MATH 201: Basic Statistics
Wilson Gan
Lecture Seven
Reference for Definitions: Bowerman et al. (2009)
Confidence Intervals
Putting a fence around our estimate of the
population parameter
Formula for t
MATH 201: Basic Statistics
Wilson Gan
Lecture Six
Reference for Definitions: Bowerman et al. (2009)
Continuous Probability
Distributions
Normal Distribution
We first begin with some intimidating Math
MATH 201: Basic Statistics
Wilson Gan
Lecture One
Reference for Definitions: Bowerman et al. (2009)
Introduction to Statistics
We begin by defining a data set
Data set: Data collected for a particular