prob and stats formulas

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7 Terms

1
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When all N outcomes are equally likely

(Favorable outcomes)/(total outcomes)

2
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Product rule (can be broken into k stages)

nsub1 X nsub2 X … nsub3

<p>nsub1 X nsub2 X … nsub3 </p>
3
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Permutations (order matters)

All objects= n!

choose k from n = n!/(n-k)!

<p>All objects= n!</p><p>choose k from n = n!/(n-k)!</p><p></p><p></p>
4
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Combinations (order doesn’t matter)

N choose K = n!/[k!(n-k)!]

<p>N choose K = n!/[k!(n-k)!]</p><p></p><p></p>
5
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Complement

Pic

<p>Pic </p>
6
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Additional rule

Pic

<p>Pic</p>
7
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Three axioms of possibility

Pic

<p>Pic </p><p></p><p></p>