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18 Cards in this Set
- Front
- Back
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empirical probability
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based on observation, relies on actual experience to determine the likelihood
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classical probability
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uses sample spaces to determine the numerical probability than an event will happen; cards, dice
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probability experiment
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is a chance process that leads to well-defined results called outcomes
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outcome
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the result of a single trial of a probability experiment
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sample space
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the set of all possible outcomes of a probability experiment
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complement of an event
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the complement of getting odd numbers is not getting an odd number
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law of large numbers
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as the number of trials increases, the empirical probability comes closer to the theoretical probability
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subjective probability
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uses a probability value based on an educated guess or estimate, a group or person makes an educated guess at the chance an event will occur
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mutually exclusive
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two events cannot occur at the same time; such as a person being a Democrat and Republican
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or
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addition
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and
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multiplication
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independent events
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A occuring does not affect the probability of B occurring
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dependent events
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outcome or occurrence of the first event affects the outcome or occurrence of the second even in such a way that the probability is changed
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conditional probability
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event B in relationship to an event A is the probability that event B occurs after event A has already occurred
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fundamental counting rule
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finding the total number of outcomes in an event through multiplying the possibilities
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permutation
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an arrangement of n objects in a specific order; ORDER matters!
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combination
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a selection of distinct objects without regard to order; ORDER does NOT matter!
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combination example
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dress designer selects two colors out of four; yellow and red, red and yellow-- same thing
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