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17 Cards in this Set

  • Front
  • Back

Probability

A number between zero and one that expresses the chance that an event will occur.

Sample space

All possible outcomes of an experiment

Event

One or more of the possible outcomes of an experiment; a subset of the sample space

Experiment

An activity that results in an outcome

Sample point

The most basic outcome of an experiment

Outcome

The possible result of an experiment

Random events

An event in which all possible outcomes are known in advance, but none can be predicted with certainty

Equally likely outcomes

Outcomes that occur with equal probability

Mutually exclusive events

If one event occurs, the other cannot occur.

Exhaustive events

A set of events are exhaustive if it includes all possible outcomes of an experiment

Intersection of events

Two or more events occur at the same time

Union of events

At least one of a number of possible events occurs

Marginal probability

The probability that a given event will occur, no other events are taken into consideration

Joint probability

2 or more events will occur

Conditional probability

An event will occur, given that another event has already happened

Independent event

The occurrence of one event has no effect on the probability that another will occur

Dependent event

When the occurrence of one event changes the probability that another will occur