LabVIEW Signal Processing

9 Probability and Statistics

Probability and Statistics

We live in an information age in which facts and figures form an important part of life. Statements such as “There is a 60 percent chance of thunderstorms,” “Joe was ranked among the top five in the class,” “Michael Jordan has an average of 30 points per game this season,” and so on are common. These statements give a lot of information, but we seldom think about how this information was obtained. Was there a lot of data involved in obtaining this information? If there was, how did someone condense them to single numbers such as 60 percent chance and average of 30 points or terms such as top five? The answer to all these questions brings up the very interesting field of statistics.

First, ...