CS199 Samples, Histograms and Summaries

Plan

• How to construct our random rate of return (-10 to +40 by 0.1)
• Constructing a investment simulation
• Handout about RIP
• Questions on Textbook material for today?
• Discuss material:
  • what is statistics
  • different kinds of data
  • sample versus population
  • bias in sampling
  • estimation exercise
  • descriptive vs inferential statistics
  • summarizing and displaying data

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