At the beginning of class on Monday, we will finish up our in-class case study on “green” buildings. See the update to the green_match.R script.
For the next several weeks, we will switch gears from regression modeling and start to consider a different set of ideas: those surrounding probability and decision-making.
On Monday, we will start Chapter 10 of the course packet aiming to cover:
- expected value for repeated, independent events
- the NP rule
- the NNT in medicine
On Wednesday, we will finish up Chapter 10, covering:
- the basic rules of probability
- probability distributions
With whatever time remains on Wednesday, we will start into Chapter 11. We will aim to cover:
- Joint, conditional, and marginal probabilities
- Rule of total probability
- Aggregation paradoxes in probability
Readings
By next Monday, please finish reading Chapters 10-11 of the course packet.