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Probability Experiment
A action or trail, through which specific results are obtained
Outcome
Result of a single trail of a probability experiment
Sample Space
is the set of all possible outcomes of a probability experiment
Event
A subset of sample spaces
Simple event
has one outcome
Compound event
constits for two or more outcomes
Empirical Probability (Statistical)
Uses results from conducting or observing a procedure a large amount of times (what actually happened)
Classical Probability (Theoretical or Actual)
Uses sample spaces to determine the numerical Probability that an event will happen. (what should happen)
Law of Large Numbers
The more an experiment is repeated, the closer the results get to its Theoretical probability
The Probability of any event E is (P(E)):
number of ways E can occur / total number of outcomes in the sample space
The probability of any event E is a:
Number between 0 and 1, inclusively
If an event E cannot occur it is a:
Probability of 0
If an event E is certain, it is a:
Probability of 1
The sum of the probabilities of the outcomes in the:
Sample Space is 1
There are only _ outcomes for any event
2
P(not E) is often written as:
P(~E)
Tree Diagrams:
a visual display of an experiment consisting of all possibilities
Tree Diagrams constist of ________________ per branch
Multi-step probabilities of events with different unequal values
Tree Diagrams are often used to _____________________
compute probabilities of events with different unequal values
Fundamental Counting Principle
If one event can occur “x” ways and another event can occur “y” ways then the events can occur together x*y ways
Conditional Probability:
is the probability of an event occurring, given that another event has already happened
Denoted P(B|A) read as: ”____”
Probability of B, given A
P(A and B) = P(A) * P(B)
Independant Events Formula
and means?
Multiply
If an experiment is with replacement:
Independent
Two events, A and B are _______ if the probability is affected by the outcome of the other
Dependant
(A and B) = P(A) * P(B|A)
Dependant event formula