. In their book Time Series Analysis, Forecasting, and Control (Prentice Hall, 1994), G. E. P. Box, G. M. Jenkins, and G. C. Reinsel present chemical process concentration readings made every two hours. Some of these data follow (read down, then left to right).
Section 6: Statistics in Sports Stat 2220, Espey ➢ Random Variable: a variable with different outcomes that each assume a numerical value ○ Represented with Y ○ Discrete RV: countable ○ Continuous RV: measured on a continuous scale (decimals can be used) ➢ Binomial Random Variable: How many times one two possible outcomes occurs after a series of independent trials ○ Ex: When shooting a basketball, there are two outcomes: making the basket or missing it. We decide to count how many baskets are made after four shots (four independent trials). The binomial random variable Y is the amount of baskets made after these trials. ○ To find the probability of a value of Y