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TT - Stats (Probability (ZZZZ_Roulette odds (Simulation of playtillyouwin,…
TT - Stats
Probability
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ZZZZ_Roulette odds
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same principle as Insurance, over time will be $$$
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Crime stats, racial profiling
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Bombers getting shot, panels
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Basic understanding of probability
not exciting, but realistic
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realworld stats
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XKCD bobcat, 1 in 30 but 97%
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9-11 attacks. Driving more dangerous than flying. after attachks, more deaths on road than normal, one estimate puts death toll from road accidents higher than twin towers
Intro
Stats has bad rap, but it's everywhere & useful
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Stats has many areas, will focus on a) Probability, and b) BellCurve, followed by examples of real world stats
Objective rep. of reality, "numbers with context"
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Conclusion
Stats can only provide the info, up to others to interpret / act / decide
Domain ends, philosophy / politics takes over
Avoid casinos, phonebetting, crypto, lotteries
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