Ch 4 Flashcards
1
Q
experiment
A
a process that when performed results in one and only one of many observations
2
Q
the observations are called the ____ of the experiment
A
outcome
3
Q
sample space
A
the collection of all outcomes for an experiment
4
Q
event
A
a collection of one or more of the outcomes of an experiment
5
Q
probability
A
a numerical measure of the likelihood that a specific event will occur
6
Q
equally likely outcomes
A
two or more outcomes that have the same probability of occurance
7
Q
subjective probability
A
is the probability assigned to an event based on subjective judgement, experience, information and belief
