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Quiz variable types

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Quiz variable types

Uploaded by

Tesfaye
Copyright
© © All Rights Reserved
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Quiz: Variable Types

Example Dataset
An example of the data we might have collected in the previous video is
shown here:

Day of Time Spent On Buy (


Date
Week Site (X) Y)

June 15 Thursday 5 No

June 15 Thursday 10 Yes

June 16 Friday 20 Yes


Capital vs. Lower Case Letters
Example 1
For example, the amount of time someone spends on our site is a random
variable (we are not sure what the outcome will be for any particular visitor),
and we would notate this with X. Then when the first person visits the website,
if they spend 5 minutes, we have now observed this outcome of our random
variable. We would notate any outcome as a lowercase letter with a subscript
associated with the order that we observed the outcome.

If 5 individuals visit our website, the first spend 10 minutes, the second
spends 20 minutes, the third spend 45 mins, the fourth spends 12 minutes,
and the fifth spends 8 minutes; we can notate this problem in the following
way:

X is the amount of time an individual spends on the website.

x1x1 = 10, x2x2 = 20 x3x3 = 45 x4x4 = 12 x5x5 = 8.


The capital X is associated with this idea of a random variable, while the
observations of the random variable take on lowercase x values.

Example 2
Taking this one step further, we could ask:
What is the probability someone spends more than 20 minutes in our
website?

In notation, we would write:

P(X > 20)?

Here P stands for probability, while the parentheses encompass the


statement for which we would like to find the probability. Since X represents
the amount of time spent on the website, this notation represents the
probability the amount of time on the website is greater than 20.

We could find this in the above example by noticing that only one of the 5
observations exceeds 20. So, we would say there is a 1 (the 45) in 5 or
20% chance that an individual spends more than 20 minutes on our website
(based on this dataset).

Example 3
If we asked: What is the probability of an individual spending 20 or more
minutes on our website? We could notate this as:

P(X ≥≥ 20)?

We could then find this by noticing there are two out of the five individuals that
spent 20 or more minutes on the website. So this probability is 2 out of 5 or
40%.

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