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Chapter 8 Are Your Curves Normal? Probability and Why it Counts Part III Taking Chances for Fun and Profit
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Chapter 8 Are Your Curves Normal? Probability and Why it Counts Part III Taking Chances for Fun and Profit.

Jan 01, 2016

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Page 1: Chapter 8 Are Your Curves Normal? Probability and Why it Counts Part III Taking Chances for Fun and Profit.

Chapter 8 Are Your Curves Normal? Probability and

Why it Counts

Part IIITaking Chances for Fun and Profit

Page 2: Chapter 8 Are Your Curves Normal? Probability and Why it Counts Part III Taking Chances for Fun and Profit.

Why Probability?

Basis for the normal curveProvides basis for understanding probability

of a possible outcomeBasis for determining the degree of

confidence that an outcome is “true”Example:

Are changes in student scores due to a particular intervention that took place or by chance alone?

Page 3: Chapter 8 Are Your Curves Normal? Probability and Why it Counts Part III Taking Chances for Fun and Profit.

The Normal Curve (a.k.a. the Bell-Shaped Curve)

Visual representation of a distribution of scores

Three characteristics…Mean, median, and mode are equal to one

anotherPerfectly symmetrical about the meanTails are asymptotic (get closer to horizontal

axis but never touch)

Page 4: Chapter 8 Are Your Curves Normal? Probability and Why it Counts Part III Taking Chances for Fun and Profit.

The Normal Curve

Page 5: Chapter 8 Are Your Curves Normal? Probability and Why it Counts Part III Taking Chances for Fun and Profit.

Hey, That’s Not Normal!In general, many events occur right in the

middle of a distribution with few on each end.

Page 6: Chapter 8 Are Your Curves Normal? Probability and Why it Counts Part III Taking Chances for Fun and Profit.

More Normal Curve 101

Page 7: Chapter 8 Are Your Curves Normal? Probability and Why it Counts Part III Taking Chances for Fun and Profit.

More Normal Curve 101

For all normal distributions…

almost 100% of scores will fit between -3 and +3 standard deviations from the mean.

So…distributions can be compared

Between different points on the X-axis, a certain percentage of cases will occur.

Page 8: Chapter 8 Are Your Curves Normal? Probability and Why it Counts Part III Taking Chances for Fun and Profit.

What’s Under the Curve?

Page 9: Chapter 8 Are Your Curves Normal? Probability and Why it Counts Part III Taking Chances for Fun and Profit.

The z Score

A standard score that is the result of dividing the amount that a raw score differs from the mean of the distribution by the standard deviation of the distribution.

What do these symbols mean?

Page 10: Chapter 8 Are Your Curves Normal? Probability and Why it Counts Part III Taking Chances for Fun and Profit.

The z Score

Raw scores below the mean have negative z-scores

Raw scores above the mean have positive z-scores

A z score is the number of standard deviations from the mean

z scores across different distributions (with different means and std devs) are comparable

Page 11: Chapter 8 Are Your Curves Normal? Probability and Why it Counts Part III Taking Chances for Fun and Profit.

What z Scores Represent

The areas of the curve that are covered by different z scores also represent the probability of a certain score occurring.

So try this one…In a distribution with a mean of 50 and a

standard deviation of 10, what is the probability that a score will be 70 or above?

Page 12: Chapter 8 Are Your Curves Normal? Probability and Why it Counts Part III Taking Chances for Fun and Profit.

What z Scores Really Represent

Knowing the probability that a z score will occur can help you determine how likely it is that a factor other than chance produced the observed outcome.

Keep in mind… z scores are typically reserved for populations

Page 13: Chapter 8 Are Your Curves Normal? Probability and Why it Counts Part III Taking Chances for Fun and Profit.

Hypothesis Testing & z Scores

Any event can have a probability associated with it.Probability values help determine how

“likely” or “unlikely” the event might beRange from 0 to 1The key --- if something has less than 5%

chance of occurring, we have a significant result

Page 14: Chapter 8 Are Your Curves Normal? Probability and Why it Counts Part III Taking Chances for Fun and Profit.

Using the ComputerCalculating z Scores