Stats Guru's! I Need Help!
Stats Guru's! I Need Help!
I need to find probability given only the mean.
ex- mean number of occurences in an hour is 2. What is the probability that it will happen 5 times in a given hour? Do I use 60 minutes as the number of times it is possible, 5 as the required number and .5 for the probability that it will or will not happen on a given minute? I cant get this one. Thanks.
ex- mean number of occurences in an hour is 2. What is the probability that it will happen 5 times in a given hour? Do I use 60 minutes as the number of times it is possible, 5 as the required number and .5 for the probability that it will or will not happen on a given minute? I cant get this one. Thanks.
I need to find probability given only the mean.
ex- mean number of occurences in an hour is 2. What is the probability that it will happen 5 times in a given hour? Do I use 60 minutes as the number of times it is possible, 5 as the required number and .5 for the probability that it will or will not happen on a given minute? I cant get this one. Thanks.
ex- mean number of occurences in an hour is 2. What is the probability that it will happen 5 times in a given hour? Do I use 60 minutes as the number of times it is possible, 5 as the required number and .5 for the probability that it will or will not happen on a given minute? I cant get this one. Thanks.
I need to find probability given only the mean.
ex- mean number of occurences in an hour is 2. What is the probability that it will happen 5 times in a given hour? Do I use 60 minutes as the number of times it is possible, 5 as the required number and .5 for the probability that it will or will not happen on a given minute? I cant get this one. Thanks.
ex- mean number of occurences in an hour is 2. What is the probability that it will happen 5 times in a given hour? Do I use 60 minutes as the number of times it is possible, 5 as the required number and .5 for the probability that it will or will not happen on a given minute? I cant get this one. Thanks.
Imagine a bell curve situated in the upper right quadrant of the X-Y axes. The X-axis represents the number of occurances per hour, and the Y-axis represents the probability of occurance.
The curve peaks at X=2 because 2 is the mean number of occurances, so all the values of X will cluster around that number. Within one standard deviation of the number 2, 66% of all occurance rates will fall - this means that 66% of the area of the bell curve will be within one standard deviation of the mean.
Within two standard deviations, 95% of all occurance rates will fall, and within three standard deviations of the number 2, 99.5% of all occurance rates will fall.
(Draw this out and it will make more sense.)
Your job would be to find the Y-value of the curve when X=5. I'd imagine that would involve a conversion to a Z-score if I remember correctly.
But I'm sure the problem has nothing to do with breaking it down to 60 minutes or assigning a 50% probability of yes/no to each minute. Rufushusky's answer above checks out with my common sense; X=5 will be down the curve quite a bit.
There isnt alot of clarity in the question as to definition of measuring units. I am assuming I should be using 60 minutes. This is my last class and as luck would have it, the arent offering it at the school so I have to take it online. I feel like I am trying to teach myself to eat razor blades. Anyhow, thanks for the info and I will keep plugging at it.
There isnt alot of clarity in the question as to definition of measuring units. I am assuming I should be using 60 minutes. This is my last class and as luck would have it, the arent offering it at the school so I have to take it online. I feel like I am trying to teach myself to eat razor blades. Anyhow, thanks for the info and I will keep plugging at it.
Use this applet to see what I'm talking about:
http://davidmlane.com/hyperstat/z_table.html
Basically, if the SD is small, the numbers will be clustered around 2 very tightly and 5 will be an extreme outlier, so the probability that X=5 will be very small. if SD is huge, then there's a great chance 5 will be within 1 SD of the mean, so the probability that X=5 will be large.
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I figured it out using Excel Poisson calculator. All I needed was to use the Mean of 2, x=5 and the and set the Poisson probability mass function to false. Answer was .0361. Thanks.
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