ELEM STATS EMPIRICAL PROBABILITY

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5 Terms

1
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formula for empirical Probability

2
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Law of large numbers 

  • It will always yield (equal to or near) 1 

    • 1= there is certainty

    • 0= no chance 

3
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Addition rules [2]

  1. mutually exclusive events 

    • Statistical term describing two or more events that cannot happen simultaneously 

    • Independent 

  2. non - mutually exclusive events 

    • They can exist in the same time 


4
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Addition rule 1

  • ( mutually exclusive) ; independent event 

5
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Addition rule 2

  • non mutually exclusive

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