Chapter 10 - Probability and Discrete Random Variables Flashcards
What is the rule regarding total probability associated with a sample space?
The total probability associated with a sample space is 1.
What is the rule regarding two events that are mutually exclusive (they cannot both happen in one trial?
If A and B are mutually exclusive (they cannot both happen in one trial), P(A or B) = P(A) + P(B)
What is P(A’) the equivalent of? (Not A)
Not A or P(A’) = 1 - P(A)
What is the rule regarding two events that are independent (one outcome doesn’t affect the other)?
If A and B are independent (one outcome doesn’t affect the other), then P(A and B) = P(A) x P(B)
What are the conditions for a binomial distribution?
Conditions for a binomial probability distribution:
- Two possible outcomes in each trial.
- Fixed number of trials.
- Independent trials.
- Identical trials (p is the same for each trial).
What is the formula for finding the probability of x successes for a binomial distribution?
The formula for finding the probability of a binomial cumulative distribution is:
P(X = x) = ⁿCₓpˣ(1-p)ⁿ⁻ˣ where n is the number of trials, and p is the probability of success in any given trial and x is the number of successes.
How is a Binomial Distribution modelled (in terms of its parameters?)