170135_inorganicventures_flipping

Outline

• Basic Statistics • Data Comparisons/Statistical Analysis • 5 Steps to Accounting for Uncertainty • Examples

Basic Statistics Review

• Mean – average

• Standard Deviation – spread of data

•̅ " = $ % & $ ' & … &$ ) * = ∑ $ , *

• - = ($ % /̅$) ' & ($ ' /̅$) ' & … &($ ) /̅$) ' */1 = ∑($ , /̅ $) ' */1