Your odds of being killed by a shark bite might be 1 in 3.7 million, but what does that mean, and how did they calculate it.

Is it the number of shark bites divided by how many people in the country? Or, is it the number of shark bites divided by the number of people who visit the ocean? Or, by the number of people who actually went into the water.

Popular statistics in the news are often misleading, or meaningless without knowing how the statistic was calculated.

The article below from the Wall Street Journal is a great introduction to the idea of conditional probability and statistics in general. What is the probability of a shark bite, given you live in Denver with no oceans close by?

What Are the Odds_ Long, Most Likely – WSJ

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Tags: conditional probability, mathematical odds, probabilities, Statistics, statistics news

This entry was posted on August 16, 2015 at 12:38 am and is filed under getting hit by lightening, math news, probability of getting hit by lightening, shark bites, Statistics Readings. You can follow any responses to this entry through the RSS 2.0 feed.
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