MISSION 58

Calculating probabilities

Learn about calculating probabilities while analyzing bikesharing data.

Objectives

  • Learn to calculate probabilities for specific events.
  • Learn to use combinations to understand the space of possible events.

Lesson Outline

1. The dataset
2. Probability of renting bikes
3. Up to or greater
4. Calculating probabilities
5. Number of combinations
6. Calculating the number of combinations
7. Number of combinations formula
8. Finding the number of combinations
9. The probability for each combination
10. Calculating the probability of one combination
11. Per combination probability formula
12. Function to calculate the probability of a single combination
13. Statistical significance
14. Takeaways

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