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Empirical Probability
Probability is determined by physically performing many trials.
Stimulated Probability
Probability is determined through many computer outputs.
Probably Formula
Amount/Full amount
Conduct a stimulation
State: What is the probability?
Plan: Assign, Consider, Record
Do: Repeat many times
Conclude: The findings
Complement Rule
1-P(A)
Intersection (A ∩ B):
AND: Outcome with both A and B
Union (A ∪ B):
OR: Outcome in A or B
Mutually not exclusive/inclusive
Events that can occur at the same time
Mutually Inclusive Probability Formula
P(A ∪ B)=P(A)+P(B)-P(A ∩ B)
Mutually Exclusive
Two events cannot happen at the same time
How to check for mutually exclusive:
P(A ∩ B) = 0
Mutually exclusive formula
P(A ∪ B) = P(A) + P(B)
Independent
The occurrence of one event does not affect the probability of the other
Check for independence
P(A ∩ B) = P(A)xP(B)
or P(A)=P(A|B)
Conditional Probability
Probability that one event happens given that another event is already known to have happened.
Conditional Probability Formula
P(A|B) = P(A∩B)/P(B)