I've done Stats before but didn't get credit for the course in my current program, meaning I have to take it again. While you may think this might have made it easier, it's actually about 3 times harder since I remember just enough to be dangerous and get confused. It also doesn't help that I haven't been putting as much time into it as I should, it's a night class, and it's only once a week (four fucking hours).
Stats is the worst. I'm usually pretty good at math but with stats I'm utterly hopeless.
So what's your question?
I don't have it on me right now, but it concerns probability and if there's a shortcut for something (which I know there is...just not what it is). The example that I couldn't figure it out on was a question regarding quality control, and finding the probability of random sampiling causing a batch of something to fail when testing without replacement.
So, if you had a batch of, say, 4000 Ipods you were testing, knew the failure rate was 12%, and wanted to know what the chances were of finding a failure if you were going to randomly sample 100 of them without replacement. I know you find the probability of failure by taking the inverse of the probability of finding no failures over the whole series (P[at least one failure] = 1-P[Nofailure]).
Now, finding the probability of that seems like a long and drawn out process of multiplying all the probabilities of each test together (since there is no replacement). So, if the chance of no failure on the first test is (3520/4000), you'd looking at finding P[nofailure] of the whole series by doing the following:
P[nofailure]= (3520/4000) * (3519/3999) * (3518/3998)....... for the entire 100 test series. I know that there's a shortcut for this, but can't remember what it is at all.
Conversely, I'm wondering if you could find the probability of finding a failure (480/4000) and multiply it by the chances of finding a failure in all the subsequent tests of the same batch. I.e. (480/4000)*(479/4000)*(478/4000).......for the entire series and do it that way. The common denominator makes it easier to solve as a factorial (I think). Does that make sense as a way to solve for this sort of thing? I don't really have a way of testing for this at the moment.
I can post the actual question when I have my books on the weekend.