Life by the numbers #4: Probability 02:00 start 03:40 keeping score media baseball small S statistics 06:55 big S statistics - drawing conclusions baseball manager 08:20 history -- Wm the conqueror collets data no real analysis of data Doomsday Book 10:00 John Graunt estimate size of London (based on data from Doomsday book) he estimated under 400,000 rather than 2 million 12:10 baseball decision sac bunt 16:00 house rules casinos 17:25 math of games & gambling 18:45 Pascal & Fermat dividing pot of interrupted game 22:00 casinos have slight edge 23:40 Galton board simulation 26:10 16 billion profit @ casinos 26:30 P & F never apply to other areas 27:00 estiating public opinion prof who actually does it 30:10 "a small rep group will acurately reflect the opinions of a larger society, if the participants are chosen @ random." trying to say something like get a good sampling fram and then sample randomly 30:30 sampling soup 32:00 sampling frame must be correct (doesn't use term) Literary Digest 34:10 El Paso mayoral election 36:00 assess value of results medical results - new drugs 37:20 polio vaccine 1916-50's polio epidemics 39:10 testing vaccine large randomized experiment 41:30 probability to assess results 42:25 modern clinical trials (not needed) 44:00 risky business - insurance 46:00 wedding insurance gathering data $15-20K per wedding 53:00 wrap-up shorterm uncertainty longterm patterns applications mentioned again 55:00 done