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About Jason Eisele
(Top Expert on this page)

Expertise
I am qualified to answer probability questions through the undergraduate level. I can also assist with the first actuarial exam in probability and explain the roles of probability in applications such as economics and game theory. I hope to address any topics that I am currently unfamiliar with during my studies as an actuary.

Experience
I am beginning employment as an Actuarial Assistant with a major auto insurer. On the side, I have experience applying probability to poker at a highly competitive level.

Organizations
Mensa

Education/Credentials
University of Rochester Class of 2008:
Bachelor of Arts, Mathematics and Economics
Certificate in Actuarial Studies
Certificate in Mathematical Modeling in Political Science and Economics
Certificate in Management Studies with track in Accounting and Finance

Completed Actuarial Exam SOA P / CAS 1

   

You are here:  Experts > Science > Mathematics > Probability & Statistics

SubjectDate AskedExpert

statistical probability7/19/2008Jason Eisele
  Q: Can you figure the statistical probability that 2 people playing rock, paper, scissors came up with ...
  A: Dr. Lynn, Thanks for your question! Since there are three different ways Player A can throw, and ...
percentage7/6/2008Joe Engels
  Q: I had a question on my math quiz that goes like this: Mr. R's monthly salary is $2500. His monthly ...
  A: Why is it not 520/1980*100=26.26%??? You can also do 1-(1980/2500)*100 The point is you want to ...
Estimating Probability6/21/2008Surajit Basu
  Q: In a study of 685 cars in a parking lot, there were only 3 different types: sedan, sports car and ...
  A: I wont answer the question fully, I will guide you. How many sedan or sports cars are there? ( 685 ...
stan 1116/18/2008Surajit Basu
  Q: a class consists of 8 boys and 6 girls, a committee of three persons is to be constituted fromthe ...
  A: 1. a class consists of 8 boys and 6 girls, a committee of three persons is to be constituted from ...
Probability question6/3/2008Vivian
  Q: can you please answer this question? it rains 40 of the year in Seattle. if 8 days are chosen at ...
  A: The number of the day it rained follows a hypergeometric distribution. P (at most 2 of the days it ...
Choosing a statistical test6/3/2008Vivian
  Q: I am having problems in analyzing a set of data. I have found that, at times, a one-way ANOVA ...
  A: If a one-way ANOVA yields a significant p-value, it means that at least one comparison between means ...
Probability5/31/2008Vivian
  Q: A. From a lot of 12 flares, 4 are selected at random. If the lot contains 4 defective flares, what ...
  A: Sorry for my delay! A. From a lot of 12 flares, 4 are selected at random. If the lot contains 4 ...
statistics5/31/2008Vivian
  Q: Is there any relationship between level of significance eg. LSD and correlation eg R squared? ...
  A: Interesting question. But, I am not sure about the scenario you are talking about. Does LSD stand ...
probabilty5/31/2008Vivian
  Q: 1. Let A and B two events. Suppose that P (A) = 0.4, P (B) = p, and P(A U B)=0.8 a) For what value ...
  A: 1. Let A and B two events. Suppose that P (A) = 0.4, P (B) = p, and P(A U B)=0.8 a) For what value ...
Probability5/29/2008Vivian
  Q: A certain tennis player makes a successful first serve 70% of the time. Assume that each serve is ...
  A: Can I say that the probability that the player makes a successful trial is 0.7? The reason for me to ...
Determing samples size for small vs large populations5/27/2008Vivian
  Q: Simplified terms: If n=75 and population "A" is 10,000 and population "B" is 10,000,000. Would n=75 ...
  A: Whether a test is unbiased or biased is not dependent on the sample size. Also, whether an estimator ...
Statistics5/27/2008Vivian
  Q: I am trying to determine a way to find the various combinations that would lead to a sum of 1 for a ...
  A: Could u possibly explain it in details (such as more examples, formula)? I do not understand your ...
Probablities5/26/2008Vivian
  Q: "Synopsis: A survey found that 23% of respondents stick with their tour group. (No total number of ...
  A: The total number of travelers who stick with their groups out of a sample has the binomial ...
Probability5/26/2008Surajit Basu
  Q: Synopsis: A survey found that 23% of respondents stick with their tour group. (No total number of ...
  A: In a sample of 10 travelers, what is the probability that NONE will stick with their group? That ...
probabilities5/26/2008Vivian
  Q: I have 35 consecutive numbers. I randomly chose any 5 numbers, no two numbers being the same. What ...
  A: Sorry. I mean 1-0.44=0.56. It is 1-the number of 5-combinations from 35 elements*the number of ...
math5/24/2008Surajit Basu
  Q: these are really basic questions for the praxis test. thank you. How do I find out what fractions ...
  A: if you want to know if any two factions a/b and c/d are equivalent, you can check if a*d = b*c are ...
probability and statics5/24/2008Vivian
  Q: how many distinct permutations can be formed from the letters of th word PLANE
  A: The number of ways to arrange all the alphabets in the word is 5! (5 factorial). The number of ...
Probability5/23/2008Vivian
  Q: A die is thrown 20 times and a success is defined as a one or a six on the upface of the die. Use ...
  A: The total number of success out of 20 trials has the binomial distribution with the probability of ...
statistics5/23/2008Vivian
  Q: For 75 employees of a large department store, the following distribution for years of service was ...
  A: please read the definition and examples at http://en.wikipedia.org/wiki/Histogram You may draw it by ...
Probability5/22/2008Vivian
  Q: Gerry Infeld has a batting average of 0.326. What is the probability that he will have 2 hits in his ...
  A: The total number of hits out of his next 5 trials has the binomial distribution with the probability ...
statistics5/22/2008Vivian
  Q: The heights in inches of commonly grown herbs are shown. Organize the data into a frequency ...
  A: I think there are many ways to organize the data into a frequency distribution with six classes. You ...
Probability5/19/2008Surajit Basu
  Q: 30 out of 100 boys and 36 out of 100 girls knows the answer to the question that their teacher ...
  A: How many students are there ? 200 ? And is the number of boys and girls the same? Assume so. Then ...
Probability5/18/2008Surajit Basu
  Q: A die is thrown 20 times and a success is defined as a one or a six on the upface of the die. Use ...
  A: what are the chances of getting a one/six ? 2 out of 6 ways. So probability of success = p(E) = 2/6 ...
Probability5/17/2008Surajit Basu
  Q: When Susan and Jessica play a card game, Susan wins 60% of the time.  If they play 9 games, what is ...
  A: If they play 9 games, what is the probability that Jessica will have won more games than Susan? ...
probability question: shuffling a deck of playing cards...5/12/2008Surajit Basu
  Q: A man sits and shuffles a deck of 52 playing cards. He shuffles quickly: he mixes the cards into a ...
  A: How many combinations/orders are there? Well, the first card can be in 52 ways, the second in 51 ...
statistics5/11/2008Surajit Basu
  Q: 9% of men are color blind. for four randomly selected men, the probability that nore are color ...
  A: i assume you mean NONE when you say "nore" If all four are NOT colour blind, then Person 1 is not ...
Probability5/9/2008Surajit Basu
  Q: To encourage people to shop at their store, Penny and Joan offer a reward to every tenth customer ...
  A: Sorry for the delay, i somehow missed your question. the chance of getting the reward in 1 visit is ...
calculating odds5/6/2008Surajit Basu
  Q: What are the odds that an individual would answer 16 consecutive questions on an intelligence test ...
  A: let's take q 1. There are six answers: A,B,C,D,E,F. You can choose one of these 6. There is only 1 ...
Probabilities associated with the tossing of dice5/5/2008Surajit Basu
  Q: I toss a die 5 times, and record the outcomes to X1,X2,X3,X4,X5. In MS Excel I simualate random ...
  A: Y = X1 + X2 + X3 + X4 + X5 assume you mean average values of X1, X2 etc. What is P(Y<=17) ? i.e. ...
probability by percentage5/4/2008Surajit Basu
  Q: two items (A & B) are randomly placed in a location. "A" has 49 possible locations and "B" has 34 ...
  A: think of the 7 locations: 7 locations: all of which "A" could be in and 3 of which "B" could be in. ...
Probability4/23/2008Surajit Basu
  Q: A drawer contains 50 bolts and 150 nuts. Half of the bolts and half of the nuts are rusted. If one ...
  A: A drawer contains 50 bolts and 150 nuts. Half of the bolts and half of the nuts are rusted. There ...
Group assignment on probability4/20/2008Surajit Basu
  Q: A random sample of 6IC'S is taken from a large consignment and tested in two independent stages.The ...
  A: The probability that an IC will pass either stage is p. All the 6 ICS are tested at the first stage. ...
probability4/11/2008Surajit Basu
  Q: suppose that A and D are independent event such that the probability that neither occurs is a and ...
  A: A die is weighted 4 is twice as likely to appear as the number 1,2,3,5 6 is twice as likely to ...
probability question4/9/2008Surajit Basu
  Q: A group of 3 married couples are to be seated randomly around a circular table. What is the ...
  A: i assume this means that there are 6 people, randomly sitting around the table. we need to a) find ...
Probability4/7/2008Surajit Basu
  Q: A committee of 5 people is to be selected from student council. Council has 6 boys and 7 girls. What ...
  A: A committee of 5 people is to be selected from student council. Council has 6 boys and 7 girls. What ...
statistics4/6/2008Surajit Basu
  Q: A football team has five senior members,the team votes on a captain and cocaptain that are senior ...
  A: In how many ways can you select the captain and co-captain? How many ways can you select the ...
rock paper scissors vs flippin a quarter4/5/2008Surajit Basu
  Q: ahead of time . scenario what is the probability percentage chance of winning on rock paper ...
  A: this is only one game. good. chance of winning in coin-flip ( i assume you say Heads, and see what ...
Probability & Statistics3/30/2008Surajit Basu
  Q: what is the probability that 13 rolls of a fair die will show three fours?
  A: what is the probability that 13 rolls of a fair die will show three fours? if you roll it once, the ...
probability3/22/2008Surajit Basu
  Q: Box A contains 2 black and 5 white marbles whereas box B contains 1 black and 4 white marbles. A box ...
  A: Box A contains 2 black and 5 white marbles whereas box B contains 1 black and 4 white marbles. A box ...
Stats3/19/2008Ellis Godard
  Q: My Dependent Variable is GPA (4 = A, 3 = B....0 = F) My independent variables are: locus of control ...
  A: You should have some basis for making whatever hypothesis it is that you want to test. But however ...

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