Chapter 4: Probability, Randomness, and Uncertainty Flashcards
probability experiment (or trial)
any process with a result determined by chance
outcome
each individual result that is possible for a probability experiment
sample space
the set of all possible outcomes for a given probability experiment
event
a subset of outcomes from the sample space
tree diagram
- allows the outcomes to be organized in a systematic manner
- begins with the possible outcomes for the first stage and then branches for each additional possibility
- each of the elements of the last row in the tree diagram represents a unique outcome in the sample space
subjective probability
an educated guess regarding the chance that an event will occur
experimental (empirical) probability
- uses the outcomes obtained by repeatedly performing an experiment to calculate the probability
- rounding rule: when calculating probability, give the exact fraction or a decimal rounded to four decimal places; if extremely small, it is permissible to round the decimal to the first nonzero digit
Law of Large Numbers
the greater the number of trials, the closer the experimental probability will be to the true probability
classical (theoretical) probability
- the most precise type of probability
- can only be calculated when all possible outcomes in the sample space are known and equally likely to occur
properties of probability
(when an event includes the entire sample space, the probability is 1)
complement of an event E (Ec)
the set of all outcomes in the sample space that are not in E
Complement Rule for Probability
P(E) + P(Ec) = 1
factorial
the product of all positive integers less than or equal to a given positive integer, n (0! = 1)
n! = n(n−1)(n−2) ⋯ (2)(1)
combination
a selection of objects from a group without regard to their arrangement
permutation
- a selection of objects from a group where the arrangement is specific (also when “repetitions are not allowed”)
- nPn = n!