This is a sample Power BI report: 3 databases are used and they have been linked via data relationships Measures have been used to generate the Z % statistic All data is fictional https://app.powerbi.com/reportEmbed?reportId=383de9ad-5f39-416d-9da9-df35c6ee4b79&autoAuth=true&ctid=edc840fb-b90c-4705-82bb-8dae82b1bb43&config=eyJjbHVzdGVyVXJsIjoiaHR0cHM6Ly93YWJpLWNhbmFkYS1jZW50cmFsLXJlZGlyZWN0LmFuYWx5c2lzLndpbmRvd3MubmV0LyJ9
This is a sample of how to analyze an aspect of a marketing campaign. For this example we use a combination of T-tests, along with Hedge’s G and effect size tests to determine statistical confidence and significance. We also used linear regression and standard error analysis to determine the projected efficacy of the campaign.
We were at the aquarium and we saw a pair of siblings, a boy and a girl, run towards an exhibit. It was one of a few exhibits that only allowed one person to use it at a time. The two then had a dispute over who got there first and who would get to use the exhibit. This went on for a few seconds when Dad appeared. Dad could have asked one of them to give way to the other (enforcing a belief in biasness in either or both children), got mad at them (spoiling the day) or left them alone (not a viable solution). He did not. Instead, he interjected himself into the dispute and claimed, “No! It is MY turn!” And proceeded to playfully hog the exhibit. Dad showed me something today. 1. Using humour can defuse a situation 2. He got his children to focus on him rather than the exhibit 3. He got them to
On 22 Jun 2021, Canada’s Interprovincial Lottery Corporation awarded its largest ever Lotto Max prize pool in the amount of $140 million ($70 million for the grand prize and 70 $1 million MaxMillion prizes). It thus seems timely to have a look at the math behind lotteries. The website states that the odds of winning the Lotto Max are 1 in 33,294,800. This is correct to a point, but misleading. Let’s have a look at the rules of the Lotto Max: Players choose 7 numbers out of 50 Numbers cannot be repeated Numbers are automatically sorted into ascending order Each play buys 3 lines Each play costs $5 Seeing that players choose 7 out of 50 numbers that are non-repeating, the equation for the total number of possible combinations (this is different from permutations where the order in which the numbers appear is significant) when playing the Lotto Max is: 50! / (7! x 43!) The ! sign is a
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