Probability and Statistics

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53 Terms

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Probability and Statistics

The study of chance data and data analysis

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Probability

The likelihood that an event will occur

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Probability Formula

Number of desired outcomes over total possible outcomes

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Ways to Express Probability

Fractions ratios percents or decimals

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Independent Events

Events where one outcome does not affect another

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Probability of Independent Events

Multiply the probability of each event

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Coin Flip Probability

One half chance of heads on one flip

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Two Coin Flips Both Heads

One fourth probability

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Die Roll Probability

One out of six chance for a specific number

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Two Die Rolls Same Outcome

Multiply individual probabilities

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Even Number on a Die

Three out of six possible outcomes

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Two Even Rolls Probability

Multiply three sixths by three sixths

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Complementary Events

Events where multiple outcomes lead to the desired result

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Rolling Two Dice Total Outcomes

Thirty six total outcomes

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Probability of Rolling a Two

One out of thirty six

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Probability of Rolling a Seven

One out of six

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Multiple Ways Outcome

Add probabilities of all successful outcomes

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Spinner Probability

Number of successful outcomes over total sections

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Comparing Spinner Probabilities

Compare even and odd outcome probabilities

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Combinations

Arrangements where order does not matter

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Independent Choices

Choices that do not affect one another

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Combination Rule

Multiply the number of choices in each group

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Combination Example Outfit Choices

Count total possible outfits

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Combination Lock Problem

Multiply choices for each dial

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Permutations

Arrangements where order matters

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Dependent Choices

Choices that affect future options

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Permutation Rule

Multiply decreasing whole numbers

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Permutation Example Horse Race

Factorial of number of horses

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Factorial

A product of whole numbers decreasing to one

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Collecting Data

Gathering information through observation or surveys

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Survey

A sample used to estimate a population

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Good Survey Sample

Random and representative sample

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Bias

Results caused by unrepresentative sampling

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Skewed Data

Data influenced by limited or unfair sampling

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Pie Chart

Shows how parts make up a whole

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Bar Graph

Compares quantities or categories

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Line Graph

Shows change over time

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Table

Organizes numerical data for comparison

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Frequency Table

Displays how often values occur

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Univariate Data

Data with one variable

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Bivariate Data

Data with two variables

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Scatter Plot

Graph showing relationship between two variables

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Linear Association

Relationship that follows a straight line pattern

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Goodness of Fit

How well a model matches data

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Measures of Central Tendency

Values that describe the center of a data set

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Mean

Average of a data set

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Finding the Mean

Add values and divide by number of values

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Median

Middle value of an ordered data set

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Median with Even Data

Average of two middle values

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Mode

Most frequently occurring value

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Choosing Mean

Best when data is evenly distributed

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Choosing Median

Best when data has outliers

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Choosing Mode

Best for trends or popularity