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Fruit Orchard Example

In this video, Adrian Gepp goes through a detailed example discussing the calculation for a combination of events occurring.

Hopefully this video’s example will help to reinforce where our formulas come from.

Without using a formula, Adrian can calculate the desired probability through common sense. The intuition displayed in this example is the basis of our formulas. Often it’s helpful to approach probability problems involving multiple events this way, as our calculations should always pass our logic checks.

How do you feel about this example? Can you think of your own example to share in the comments below?

Now that we’ve got a better understanding of probability for both simple and more complicated events, let’s move on. In the next activity, we’ll introduce discrete random variables and discuss how we can work with them.

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Data Analytics for Decision Making: An Introduction to Using Excel

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