Excel 2013 Statistical Analysis #25: Probability Basics: Sample Points, Events & Event Probabilities

Video Description

Download Excel file: https://people.highline.edu/mgirvin/AllClasses/210Excel2013/Ch04/Excel2013StatisticsChapter04.xlsm Download pdf notes file: https://people.highline.edu/mgirvin/AllClasses/210Excel2013/Ch04/Ch04PDFBusn210.pdf Topics in this video: 1. (00:12) Review Handwritten PDF Notes about Probability, Random Events, Sample Points, Sample Space, Count Rule For Size of Sample Space, Listing all Sample Points with Tree Diagram and Table, Methods of Probability such as Classical, Relative Frequency and Subjective, Requirements for Probability, Events and Probability of Events 2. (14:30) In Excel: Experiment of Flipping Coin Three Times: Find all Sample Points, Calculate Probabilities and practice finding Probabilities of Events by listing all the sample points and then adding all the probabilities for each Sample Point to get the Probability of the Event 3. (21:09) Frequency Distribution Built from Sample Space in order to find Probabilities for Events 4. (23:46) In Excel: Experiment of Rolling Two Die: Find all Sample Points, Calculate Probabilities and practice finding Probabilities of Events by listing all the sample points and then adding all the probabilities for each Sample Point to get the Probability of the Event