Statistics: How They are Used Today
From baseball to the stock market our guest speakers utilize the statistical concepts of the mean, median, mode, and normal distributions to assist them in assessing likely outcomes in the future, as needed within their industry. Your students will talk with a Minor League Baseball Recruiter about the statistics collected and they may lead to recruiting the next Babe Ruth. We then bring in a Stock Analyst that makes picks based on trading patterns that show 30-day moving averages and utilizes the concept of "reversion to the mean." Next, a Statistician discusses a life devoted to solving problems using statistics. Lastly, a Pharmaceutical Expert discusses the use of a double blind study incorporating statistical factors such as standard deviation, normal distribution, and P value to determine which drugs are effective.
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Minor League Baseball Scout
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Stock Analyst
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Statistician
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Pharmaceutical Expert