Here are descriptive statistics from Excel for annual per-pupil expenditures in 94 Ohio cities and home sizes in a certain neighborhood.Very briefly compare the variability and shape of the two data sets.
Definitions:
Experiment
A procedure carried out under controlled conditions to investigate a hypothesis or demonstrate a known fact, often involving the manipulation of variables to determine their effects.
Simple Event
An event with only one outcome or a very straightforward outcome in a probability scenario.
Single Die
Refers to one of a pair of small objects, typically cube-shaped, with sides numbered from one to six, used in games of chance.
Monte Carlo
Monte Carlo methods are a broad class of computational algorithms that rely on repeated random sampling to obtain numerical results and estimate uncertain quantities.
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