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10 Cards in this Set

  • Front
  • Back
event
any collection (set) of outcomes of a random procedure (denoted with uppercase italicized letter, e.g. A)
simple event
consists of a single outcome
sample space
the set of all possible outcomes of random experiment (e.g. flip a coin, roll a die) (each element is an outcome)
relative frequency (A)
relative frequency (A) = # times a occurs/# of trials
definition of probability
Probability is the expected long-term relative frequency of an event (that is, the proportion of the time that we’d expect that particular event to occur in the long run).
Approaches to get probability
1) “classical” (theoretical)
When all outcomes in the sample space are equally likely P(A) = #(A) / #(S)
(coin toss, roll die A = {3, 4, 5, 6}, B = {1, 3, 5}, C = {1, 2, 3}, and D = {2, 4})
2) relative frequency (empirical)
3) subjective (personal)
Law of Large Numbers (LLN)
As a procedure is repeated again and again, the relative frequency probability of an event tends to approach the actual probability
Prob of event P(A)
0 <= P(A) => 1
P = 0 = A impossible
P = 1 = A certain
Independent events
Two events A and B are independent if the occurrence of one does not affect the probability of the other's occurrence.
Dependent events
If A occures it increases the prob of B occurring