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BINOMIAL PROBABILITIES
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# Quick GIST I wrote in the Data Science Capstone JHU forum (Dec 2014) | |
# It appears if the one of us draws 5 random tweets or news excerpts as the grading criteria calls for, | |
# the probability that none of the five match the top-word is 32.8%--assuming the | |
# true accuracy of model is 20%. | |
# Overall, if the top-word as criteria for success is used, where 4 reviewers using 5 random samples, | |
# the probability that none of the 20 predictions match the top word is only 1.2%. | |
k <- 0 # Success | |
n <- 5 # Trials | |
p <- .2 # True prob | |
binom.test(k, n, p, alternative = "less", conf.level = 0.95) | |
# Zero Successes: 32.8% Chance (p-value = 0.3277) | |
k <- 1 # Success | |
n <- 5 # Trials | |
p <- .2 # True prob | |
binom.test(k, n, p, alternative = "less", conf.level = 0.95) | |
# One or Less Success 73.73% (p-value .7373) | |
# Exactly 1 Success: 73.73% - 32.8% = 40.9% (1 out of 5 Correct) | |
# Greater than 1 Sucesses: 100% - 73.73% = 26.7% | |
### Assuming 4 reviewers | |
k <- 0 # Success | |
n <- 20 # Trials | |
p <- .2 # True prob | |
binom.test(k, n, p, alternative = "less", conf.level = 0.95) | |
# Zero Successes 1.2% Chance (p-value = 0.01153) |
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