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3 Cards in this Set
- Front
- Back
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What are axions of probability |
These are a set of rules that all probabilities follow to be accurate and arithmetically correct |
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What are the three axioms of probability |
Non-Negative axiom Normalization axiom Additive axiom |
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State the three rules of the axioms of probability |
Non-Negativity Axiom: Probabilities are non-negative; that is, the probability of any event is greater than or equal to zero.Normalization Axiom: The probability of the entire sample space is equal to 1Additivity Axiom: The probability of the union of mutually exclusive events is equal to the sum of their individual probabilities. |
