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Probability
The measure of the likelihood that an event will occur, expressed as a proportion.
Random Behavior
Outcomes are uncertain for individual trials, but show a regular pattern over a large number of repetitions.
Sample Space
The set of all possible outcomes of a random phenomenon.
Event
A collection of sample points, or a subset of the sample space.
Independent Trials
Trials are independent if the outcome of one does not influence the outcome of another.
Discrete Random Variable
A variable that can take on a countable number of values.
Continuous Random Variable
A variable that can take on any value within a given interval.
Probability Model
A mathematical description of a random phenomenon that consists of a sample space and a way of assigning probabilities to events.
The Fundamental Counting Principle
If one task can be performed in m ways and a second task can be performed in n ways, then both tasks can be done in m × n ways.
Complement Rule
In probability, the rule stating that the probability of an event not occurring is equal to 1 minus the probability of the event occurring.
Probability Distribution
A function that assigns probabilities to each possible value of a random variable.
Normal Distribution
A continuous probability distribution characterized by a symmetrical bell shape, defined by its mean and standard deviation.
Empirical Probability
Probability based on observed data rather than a theoretical model.
Finite Probability Model
A model describing a random phenomenon with a finite number of outcomes.
Relative Frequency
The number of times an outcome occurs compared to the total number of trials.
Tree Diagram
A graphical representation that helps determine the size and members of a sample space.
Legitimate Probability Model
A model that adheres to the rules of probability and has probabilities that sum to 1.
Area Under the Curve
In probability, the area under a density curve represents the probability of outcomes within a given range.
Benford's Law
A probability model for the distribution of first digits in many real-life sources of numerical data.