Chapter 3 - Probability Flashcards
Random experiment
A process leading to two or more possible outcomes without knowing exactly which outcome will occur
Basic outcomes
The possible outcomes for a random experiment
Sample space
Set of all basic outcomes
Event
Any subset of basic outcomes from the sample space
Null event
Represents the absence of a basic outcome
Intersection
The set of all outcomes in S that belong to both A and B
Occurs only if both A and B occur
Joint probability
Used to denote the probability of the intersection of A and B
Mutually exclusive
If the event A and B have no common outcomes
Their intersection is said to be the empty set
Union
The set of all basic outcomes in S that belong to at least one of these two events
Union occurs if either A or B or both occur
Complement
The set of basic outcomes of a random experiment belonging to S but not A
Classical probability
The proportion of times that an event will occur, assuming that all outcomes in a sample space are equally likely to occur
How to compute the number of combination of n items taken x at a time
Number of orderings
Permutations
Combinations