1 . Choose an article from the media that uses probability, briefly explain what
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Question
1. Choose an article from the media that uses probability, briefly explain what they did and if an alternative approach could be used.
2. Choose one of the probability distributions (Binomial, Poisson, Hypergeometric, Uniform, Normal, or Exponential) . Discuss how it could be applied to a specified data set at the company in which you currently are working or have worked at in the past. You do not need to actually supply data. Just describe the data set and how it is used at the company. It is best to choose the data set first and then find the distribution that best matches it.
Explanation / Answer
ANSWER:
1. http://www.dailymail.co.uk/news/article-2277735/The-chances-involved-fatal-air-crash-America-45-million.html
The above article states that chances of the plane crash in the USA are around 1 in 45 million. It uses the simple probability to come to this number i.e No. of fatalities due to plane crash / Total no. of travelling passenger in the given time period.
To have a better estimate about the chances of a person being in plane crash other factors such as source, destination and data about fellow passenger could be used.
2. The probability distribution of flipping a coin is an example of a discrete, uniform distribution because it has two distinct outcomes (heads or tails; one can't flip a half-head or a half-tail), and each side has an equal chance of turning up (50%).
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