* Estimation (mathematical approaches)
3.6. * Estimation (mathematical approaches)#
Warning
This learning outcome is considered optional in [OhioDoHEducation21]. We include it here but do not develop it.
Learning Outcome
Become aware that analytic calculation can often replace simulation to provide a formal solution to the problems above
Sample Tasks
Describe a simple model for a game of chance such as the roll of a fair die.
Describe probability as “area under the density curve” for continuous random variables.
Compare the mathematical (analytical) approach and simulation-based approaches to estimation.