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What is the formula for probability?

What is sample space and what is it denoted by?
all possible outcomes
denoted by S
What is an event and what is it denoted by?
all favorable outcomes
denoted by A, B, C..
The probability of an event A must be greater than or equal to __ or less than or equal to __. AKA: __ ≤ P(A) ≤ __
0, 1
The probability of all outcomes sum to __. AKA: P(S) = __
1
If the probability of an event is 0, then the event is _________.
If the probability of an event is 1, then the event is _________.
impossible, certain
What is the complement of an event?
everything NOT in the event of interest
What is the notation for the complement of an event?

What is the formula for complement of an event?

What is the intersection?
all elements that belong to BOTH the events of interest
What is the notation for the intersection?

What are key words/phrases for intersection?
both
happening at the same time
simultaneously
joint occurrence
What does the law of total probability state?

What is the union?
ALL the elements that belong to ALL the events of interest
What is the notation for union?

What are key words/phrases for union?
or
either
at least
all together
What is the formula for union?

Name the 2 statements of DeMorgan’s Law.

What are mutually exclusive events?
two events that CANNOT occur together
What is the formula for mutually exclusive events?
P(A ∩ B) = 0
What are independent events?
the occurrence of one event does NOT affect the occurrence of the other
What is the formula for independent events?
P(A ∩ B) = P(A) P(B)

What is the formula for joint probabilities according to the diagram?

What do joint probabilities describe?
how often that combination of two variables occur
What are the key phrases for joint probabilities?
and
together
both

What is the formula for marginal probabilities according to the diagram?

What do marginal probabilities describe?
how often one variable occurs
What are key phrases for marginal probabilities?
one variable is mentioned

What is the formula for conditional probabilities according to the diagram?

What do conditional probabilities describe?
what is the proportion/percentage of one variable, given a specific value of the other category
What are the key phrases for conditional probabilities?
given
of those two
assuming
What is the notation used to represent conditional probabilities?
P(A | B) OR P(B | A)
What is the other formula for calculating conditional probabilities?

What is the formula for expected value (mean)?

What is the formula for variance of a probability?

What is the acronym for binomial probability distributions and what does it stand for?
Binary -> one of two outcomes
Independent -> the results of one trial does not affect the result of another
Number fixed -> fixed number of trials
Same probability-> constant p
What is the binomial probability distribution function?

What is the formula for expected value (mean) of binomial probability distributions?
E(X) = np
What is the formula for variance of binomial probability distributions?
Var(X) = np(1 - p)
What does a density curve describe?
the overall pattern of a distribution
The area under the density curve is ALWAYS equal to __.
1
The density curve is always _____ the x axis.
above
The area between two values under the density curve tells us.. (3)
the proportion of values that fall in that range
the probability of being between the two values
multiply by 100 to get the percentage

Complete the following notations.

The shape of a normal density curve can be described as ______, _________ and _______.
bell-shaped, symmetric & unimodal
If X is normally distributed, we write ______.
Fill in the blank and straw what each character means.
E.G. X ~ N (0,1)
