STATS 250 Lecture Notes - Lecture 5: Louis Pasteur, Empty Set

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19 Oct 2014
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STATS 250 Full Course Notes
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There is a lot you can learn about probability. One basic rule to always keep in mind is that the probability of any outcome is always between 0 and 1. Consider a population of 1000 customers that shopped online at a particular website during the past holiday season and their results regarding whether or not they were satisfied with the experience and whether or not they received the products on time. These results are summarized below in table form. Using the idea of probability as a proportion, try answering the following questions. Well if 82% were satisfied, then 1 0. 82 = 0. 18 or 18% were not satisfied. Start with how many were satisfied (820) then let"s add in those that received it on time (880), but in doing so, we included those that were both satisfied and received on time (800) twice!

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