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The Odds Of A Double Yolk Egg? Probability & Statistics

What are the odds of finding a double yolk egg? Todays video is a fun look at probability and statistics. We learn about double yolk eggs, why do they happen, what is the probability of finding one, and if you get one double yolker egg in a carton what is the probability of finding more than one? In probability, two events are independent if the incidence of one event does not affect the probability of the other event. If the incidence of one event does affect the probability of the other event, then the events are dependent.

A lucky student a few years ago was shocked to find all twelve eggs in a box were double yolks and calculated the odds as one in a sextillion. Was this probability calculation correct? Tom Tosetti, 17, couldn't believe his eyes when first seven eggs in the box were all doubles, and started filming - only to find the remaining five were the same. You can find his video here on YouTube.

This channel is all about quantitative finance. Subscribe if you find this type of topic interesting. This video is based on Patricks' book "Statistics for the Trading Floor: Data Science for Investing" available on Amazon at this link. https://amzn.to/2ZuZb7h It is the book to read if you are a trader or financial professional interested in investing trading and statistics.
Patricks' Books:
Statistics for Traders: https://amzn.to/3eerLA0
Financial Derivatives: https://amzn.to/3kwsPSr
Corporate Finance: https://amzn.to/3fn3rvC

Visit our website: www.onfinance.org
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Видео The Odds Of A Double Yolk Egg? Probability & Statistics канала Patrick Boyle
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3 июля 2020 г. 0:37:45
00:05:34
Яндекс.Метрика