Preview

Probability Paper

Satisfactory Essays
Open Document
Open Document
708 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Probability Paper
Probability Paper
David E. Nelson
QNT/561
February 14, 2013
Professor Minh Bui

Probability Paper
My friends suggested that we take a hiking trip through South America this year. The reason for such a trip was to celebrate 16 years of close friendship. The four of us had known each other since we were in middle school and have since become inseparable. Even though we all lead very different lives and have even started our own families, we always manage to find time to spend with each other. The timing of this trip was to span from February 21st through to May 17th. The specific location of this trip was planned to be a country named Altiplano. This country is located in west-central South America, where the Andes are at their widest. This originally sounded like an excellent idea.
Given the fact that none of us had ever been there before, I decided to do some research on the country. According to the National Geographic Travel website, raining season in the Altiplano may stretch from December through March of every year. The travel agent strongly recommended that we visit another country in South America during our vacation because of this fact. I have to decide whether to book the travel arrangements to Altiplano and risk the dangers of being caught in the rainy season or to make reservations for elsewhere in the continent. Our tour guide Pablo stated to us that, “Rainy season is perhaps the most beautiful time to be in Altiplano”, but he doubted that the season would last very long this year due to the short seasons of the last six years. I found that 30% of all hiking trips through South America are cancelled due to harsh weather conditions.
I used the Bayes Theroem to interpret the data.
I then set up the variable to examine the probability of cancellation.
Hiking Trip 1= H1 = Canceled by Raining Season
Hiking Trip 2= H2 = Not canceled by Raining Season
This assisted me in making the decision to allow our group to travel to Altiplano or elsewhere

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Punta Del Este Case Study

    • 870 Words
    • 4 Pages

    Punta del Este is a small town with few inhabitants, making their main source of profit from tourism and real estate investments. Its main consumer is the Argentinian public; representing seventy percent of vacationers who every year visit the beaches in this small town. Since 2009, Argentina adopted a series of economic obstacles, for example, the information exchange treaty that hindered tourism in Punta del Este, together with the Argentine peso monetary devaluation. These measures impacted negatively in Punta del Este, as the Argentinian vacationers stopped coming, and with it, economic and social problems multiplied. Since tourism is the economic mainstay of the city, it is essential to gain tourists from other parts of the world. The truth is that in Latin…

    • 870 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    Unit 14 P1 Tables

    • 2206 Words
    • 7 Pages

    One of the adventure holidays they offer is a walk to the Amalfi Coast, it’s an 8 day holidays with flight included.…

    • 2206 Words
    • 7 Pages
    Good Essays
  • Satisfactory Essays

    Math Paper

    • 429 Words
    • 2 Pages

    |4. |A survey indicated that 3 out of 5 doctors use | |1200 | |…

    • 429 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Lucky Research Paper

    • 1657 Words
    • 7 Pages

    Lucky by Alive Sebold takes readers through her adolescent life into adulthood as she deals with a traumatic rape occurring during her freshman year of college. As Sebold returns home for the summer she tries to go back to her “normal” life but finds that things aren’t the same after this event. Upon returning to school Sebold find that her voice can do something and after encountering her rapist on the street, her fight for justice begins. Readers follow her as she takes us through her journey of the trial and college career eventually leading her into a heroin addiction.…

    • 1657 Words
    • 7 Pages
    Powerful Essays
  • Satisfactory Essays

    english paper

    • 293 Words
    • 2 Pages

    Gough Whitlam was born 11th July 1916. In 1972 he led the labor party into government after a period of 23 years of conservative government in Australia. Major polices Gough Whitlam came to the office claiming a demand for a wide-ranging program of social reforms. In a lot of activity government –…

    • 293 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Discussion 5 6

    • 718 Words
    • 3 Pages

    1. Although online bibliographic generators are generally accurate, it 's always best practice to verify the accuracy of the citations by…

    • 718 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    information paper

    • 700 Words
    • 3 Pages

    1. Purpose: To provide an overview and information on the Advise and Assist Brigades/Modular Brigades Augmented for Security Force Assistance.…

    • 700 Words
    • 3 Pages
    Powerful Essays
  • Satisfactory Essays

    English Paper

    • 543 Words
    • 3 Pages

    George Maxwell has a company that is named Maxwell’s Plumbing Supply that has been running for 20 years. George has made an excellent effort through his own hard work, great communications within his community, and has knowledge of his trade which has helped him throughout the years. He is an African-American and is sensitive towards issues of racial diversity and his minority hiring. George faces an issue in the story which is that he has to replace his supervisor that is about to retire. He does have one person in mind which is to hire Hector as the new supervisor. The purpose of this assignment to advise George whether or not it would be wise to hire Hector.…

    • 543 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    English Paper

    • 327 Words
    • 2 Pages

    Farquhar imagines him surviving the hanging and falling into the water and escaping to his family, where he dies.…

    • 327 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Hypothesis Test Paper

    • 1466 Words
    • 6 Pages

    Inflation in the United States is at an all-time high. The recession of the U.S. economy only hinders people more with high gas prices. A one population test using the One Factor ANOVA test and a five-step hypothesis test can be used to determine if gas prices are equally high in many different states. The samples used to test the hypothesis come from data collected from 30 randomly selected gas stations in six different cities. The hypothesis test and some solutions to consider may have an effect on direct and indirect stakeholders and is very important to the economy as a whole.…

    • 1466 Words
    • 6 Pages
    Good Essays
  • Good Essays

    Random Paper

    • 5246 Words
    • 21 Pages

    Major Disaster (Level II): A disaster that exceeds local government capabilities and requires a broad range of state and federal assistance. Federal Emergency Management Agency (FEMA) is to be notified, and potential federal assistance will be predominantly recovery-oriented.…

    • 5246 Words
    • 21 Pages
    Good Essays
  • Satisfactory Essays

    Hypothesis Testing Paper

    • 283 Words
    • 2 Pages

    In the Harvard Business Review article "Market Lunacy," Lisa Burrell describes how researchers Ilia Dichev and Troy Janes asked the question whether the common belief that the moon changes moods and causes depression may actually be accurate or is it a myth. They believe that most studies have focused on extreme cases so they decided to focus on stock exchanges with the assumption that something that involves millions of people around the world participating in it every day should indicate any deviation from the norm. The researchers were looking at the hypothesis that depressed people affected by the moon will cause a drop in stock prices. Dichev and Janes looked to prove or disprove the theory of the moon affecting behavior, so they studied the daily median stock price profits of 25 stock exchanges over the last thirty years. In their findings, they learned that there is indeed a drop in stock price profits on the day of a full moon versus the day of a new moon.…

    • 283 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    The dictionary defines a vacation as a period of time to pause from work, study, or additional activities. Also can be defined as a time period for relaxation, leisure, recreation, or traveling. Now as the definition for vacation suggests, a vacation can be idealized in two different practices. One method a person who is considering on taking a vacation where they can relax, might possibly consider a luxurious vacation to Punta Cana in the Dominican Republic. Formerly the contrasting style of vacation would be an exhilarating and adventurous one, like backpacking through the Arizona National Scenic Trail.…

    • 1301 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    Juvenile Statistics Paper

    • 761 Words
    • 4 Pages

    Crimes are committed by juvenile offenders every day and to gain a better understanding as to why they commit such crimes the trends have to be evaluated. The following statistics are findings made in 2008. These findings will give a clear understanding of the overall decrease in juvenile arrests made, touch base on the increase in drug offenses and simple assaults, provide implications for juvenile females and members of ethnic and racial minorities, examine the increase in arrests of juvenile females and the decrease in arrests of male juvenile offenders for violent crimes, and assess the tracking of juveniles arrests as a method of measuring the amount of and trends in juvenile crime.…

    • 761 Words
    • 4 Pages
    Good Essays
  • Good Essays

    math paper

    • 1728 Words
    • 7 Pages

    If your calculator does not have a ʌ button, take the value of ʌ to be…

    • 1728 Words
    • 7 Pages
    Good Essays