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independent variable
explanatory variable predictor
dependent variable
response variable
regression
statistical methos used to describe the nature of a relationship between values, liner/nonlinear, positive/negative
lurking variable
data that is not shown
probability
chance of an event occurring
probability experiment
a chance process that leads to well defined results
outcome
the result of the single trial of a probability experiment
sample space
the set space of all outcomes in a probability experiment
event
the outcome of a probability experiment
types of probability
classical empirical subjective
empirical probability
calculated based on data
how to find classical probability
number of ways to get it over the amount of total outcomes
unusual event
probability between 0% and 5%
mutually exclusive or disjoint
two event that cannot occur at the same time
Probability range
0≤P(x)≤1
Addition Rule Formula
P(AorB)=P(A)+P(B)-P(Aand B)
Fundamental Counting Principal Purpose
used to count the total number of outcomes
How to find Fundamental Counting Principal
Possible outcomes for each event multiplied together
when probabilities are equal we say the outcomes are
equally likely
complement
set of outcomes in the same space that are not among the outcomes of the event itself
Rule of Complementary Event
P(E)+P(Ec)=1
Classical Probability formula
times you can get it/ total things you can get
independent events
A and B do not effect the probability of each other
when to use multiplication rule
when 2 events are independent the probability of both occurring
multiplication rule formula
P(AandB)=P(A)P(B)
Permutation
numbers of ways you can arrange things
permutation formula
nPr=(n!)/(n-r)!
0!=?
1
combination
selection of distinct objects without regard to order
combination formula
nCr
special permutaion
some are duplicates
special permutation formula
t!/dupe1*dupe2
conditional probability
probability with a certain condition
conditional probability formula
P(F/E)=(P(E+F)/(P(E))
at least one rule
P(at least one)=1-P(None)