Probability question
- Thread starter xingz
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- Apr 12, 2005
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- 11,339
What an odd question.
1) You have established that 40% live in 3-stories. The probability that more than 40% live in 3-stories is 0. Why do we care how many you ask?
2) If you mean what propotion of the SAMPLE live in 30-stories, that is a different question. 40% is the expected value of the proportion. The probability of greater than that is 50% and the probability of less than that is 50%...or am I confusing mean and median? You tell me.
1) You have established that 40% live in 3-stories. The probability that more than 40% live in 3-stories is 0. Why do we care how many you ask?
2) If you mean what propotion of the SAMPLE live in 30-stories, that is a different question. 40% is the expected value of the proportion. The probability of greater than that is 50% and the probability of less than that is 50%...or am I confusing mean and median? You tell me.