APPENDICES
Background and Prerequisite for Predictive Analytics
APPENDIX A: Probability Concepts: Role of Probability and Probability Distributions in Decision Making
APPENDIX B: Sampling, Sampling Distribution, and Inference Procedure
APPENDIX C: Review of Estimation, Confidence Intervals, and Hypothesis Testing
APPENDIX D: Hypothesis Testing for One and Two Population Parameters
APPENDIX A
Probability Concepts: Role of Probability in Decision Making
Review of Probability: Theory and Formulas
Some important terms of probability theory.
Event: An event is one or more possible outcomes of an experiment.
Experiment: An experiment is any process that produces an outcome or observation. For example, throwing a die is a simple experiment and getting ...
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