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10 Cards in this Set

  • Front
  • Back
PROBABILITY
Probability refers to the chance or possibility that
something (such as a particular event or outcome)
will happen or not.
CHANCE
When a situation is uncertain, chance refers to a
measure or degree of likelihood that a particular
event will occur. Weather forecasters, for example,
report on the chance of rain or snow in the near
future.
AVERAGE
The average or mean is the sum of a set of numbers
divided by the total number of items within a set.
With probability, in which there is a degree of
uncertainty, an average can be estimated and used
to make predictions about the future.
BELL-SHAPED CURVE
The bell-shaped curve refers to a common
distribution pattern of a data set. Rising in the center,
the curve indicates the average or mean, where most
of the data ranges. At either end, there is a fairly
similar tapering or decrease in data.
ODDS
Odds are a way of expressing the likelihood that a
particular event or outcome is favored or will occur
instead of another.
SAMPLING
A sampling is the act, process or research technique
of selecting a representative portion of a population
in order to gather information about the whole
population. Through sampling, one can learn and
make educated predictions.
CHROMOSOMES
Chromosomes are genes inside cells that are passed
from parent to offspring. One chromosome inherited
from the mother and one chromosome inherited
from the father, determines whether an individual is
a boy or girl; either way it is a 1 to 2 probability of
being a boy or a girl.
PREDICTION
Prediction is the act of forecasting or foretelling a
future event or outcome based on current
observations, past experiences or reasoning.
Understanding probability assists in making
predictions.
THEORETICAL PROBABILITY
Theoretical Probability is what should happen in a probability event based on reasoning and calculations.
EXPERIMENTAL PROBABILITY
Experimental Probability is what does happen in a probability event based on what happens. Ex: If you roll a die six times, you could roll any combination of numbers.