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Fifth Statistical Careers Day San Diego State University April 17, 2004 |
Abstract of talk: "Statistics and the Lottery Industry"
Lotteries have a long history in this country, but the modern age dates
to 1964 in New Hampshire. By now there are lotteries operating in 38
states and the District of Columbia, California has had one since 1985.
Statistics enters the picture in a variety of ways: the running of
official
"random" draws, the bulk selling of "randomly" chosen tickets, security
issues, sales projections, demographics of players, placement of player
terminals, idiosyncrasies of player behavior, amongst others. The talk
is a non-technical, anecdotal tour of what a statistician does for a
lottery,
though mention is made of simulations, of data mining, and more.