From f8f7aea064b99068379a7589e30985d5ddcf4c6f Mon Sep 17 00:00:00 2001 From: zleyyij Date: Fri, 12 Jan 2024 13:00:11 -0700 Subject: [PATCH] vault backup: 2024-01-12 13:00:11 --- education/statistics/Probability.md | 16 +++++++++++++++- 1 file changed, 15 insertions(+), 1 deletion(-) diff --git a/education/statistics/Probability.md b/education/statistics/Probability.md index 09b1064..d53a505 100644 --- a/education/statistics/Probability.md +++ b/education/statistics/Probability.md @@ -55,4 +55,18 @@ As the number of events increases, the absolute chance error will increase, but Absolute refers to the number of events, whereas compared against the total number is expressed as a % (relative?). -If you want statistics to show the results being farther away from the expected, measure with less events. Long runs are better if you want to show results being closer to the middle. \ No newline at end of file +If you want statistics to show the results being farther away from the expected, measure with less events. Long runs are better if you want to show results being closer to the middle. + +## Box Models +Box models help us understand how large the chance error is likely to be. + +To make a box model, answer the following questions: +- What is the quantity of interest? +- Are we interested in: + - the sum of the draws? + - the average of the draws? +- How many draws? +- How many tickets go in the box? +- What values go on the tickets? + +The number of draws is the amount of events. \ No newline at end of file