C1: Probability Theory Flashcards
Population
A collection of all items under investigation.
Parameter
A numerical description of some characteristic of the population.
Experiment
A process whereby measurements are taken/observations are made to generate outcomes.
Statistics
The scientific application of mathematical principles to the collection, analysis & presentation of numerical data.
Types Of Experiments(2)
[A] Deterministic = a procedure whose outcome is certain.
[B] Random = a procedure whose outcome is uncertain.
Outcome
Any observable phenomenon.
Sample space/Event space (S)
= The collection of all possible outcomes of an experiment.
• represented by a Venn diagram.
Event(E)
= a collection of outcomes from an experiment.
• denoted by a capital letter.
• the subset of a sample space.
Types Of Events(2)
[A] Simple event/Elementary event = an individual outcome of an experiment.
[B] Null event = an event that contains no outcomes.
• represented by {} or crossed circle.
Intersection (n)
= an overlap btwn events A and B.
• indicates common elements existing to both A and B.
Union (U)
= occurs when similar outcomes are in both event A and B.
• combine.
Complement of an event (E bar/ E’ / E to the c)
= occurs if event E doesn’t occur.
• has outcomes other than those of E but, they are in the sample space.
Disjoint/Mutually exclusive
= occurs when events have nothing in common.
• empty intersection.
Exhaustive
= when the union of events gives allnpossible outcomes for the experiment.
• A U E = S.
Partition
= when events are mutually exclusive & collectively exhaustive.
• disjoint + exhaustive.