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wrote...
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2 weeks ago
A young boy is fishing off the end of a dock. He estimates that for one out of every 15 times he casts his line, he gets at least a nibble from a curious fish. He is going to cast his line 50 times before he switches to toad hunting.

If he gets only 5 nibbles on his line, is that a signal that he is having less success than usual? Justify your answer.
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Stats: Modeling the World


Edition: 4th
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wrote...
2 weeks ago
= -2.96
Three standard deviations below average is certainly bad news! It might be time to try a new bait!
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