Estimating rates from a single occurrence of a rare event

Win-Vector Blog 2013-12-20

Summary:

Elon Musk’s writing about a Tesla battery fire reminded me of some of the math related to trying to estimate the rate of a rare event from a single occurrence of the event (plus many non-event occurrences). In this article we work through some of the ideas. Elon Musk wrote that the issues of the […]

Link:

http://www.win-vector.com/blog/2013/10/estimating-rates-from-a-single-occurrence-of-a-rare-event/?utm_source=rss&utm_medium=rss&utm_campaign=estimating-rates-from-a-single-occurrence-of-a-rare-event

From feeds:

Statistics and Visualization » Win-Vector Blog

Tags:

probability statistics mathematics tutorials bias markov chains estimation rare events stopping time survival analysis

Authors:

John Mount

Date tagged:

12/20/2013, 07:12

Date published:

10/05/2013, 11:48