Chapter 5 Flashcards

1
Q

a technique used to recreate a random event

A

simulation

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2
Q

scenarios where the outcome of any particular trial of an experiment is unknown, but the proportion (relative frequency) a particular outcome is observed approaches a specific value

A

random process

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3
Q

an unpredictable result or outcome

A

random

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4
Q

measure of the likelihood of a random phenomenon or chance behavior occurring

A

probability

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5
Q

as the number of repetitions of a probability experiment increases, the proportion with which a certain outcome is observed gets closer to the probability of the outcome

A

Law of Large Numbers

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6
Q

nonexistent law that claims, for example, if a woman has given birth to 4 boys, she is “due” for a girl on her fifth pregnancy - previous outcomes don’t affect later outcomes

A

Law of Averages

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7
Q

any process with uncertain results that can be repeated

A

experiment

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8
Q

collection of all possible outcomes for a probability experiment

A

sample space (S)

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9
Q

any collection of one or more outcomes from a probability experiment

A

event

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10
Q

lists the possible outcomes of a probability experiment and each outcome’s probability

A

probability model

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11
Q

event that has a low probability of occurring (typically less than 0.05, but not always)

A

unusual event

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12
Q

calculating probability based on observed results (observations / total) - approximate

A

empirical method

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13
Q

calculating probability for equally likely outcomes by dividing number of ways an event can occur by the number of possible outcomes

A

classical method

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14
Q

probability that is determined based on personal judgment

A

subjective probability

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15
Q

(AKA mutually exclusive) when two events have no outcomes in common - probabilities can be added together

A

disjoint

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16
Q

picture representing events as circles enclosed in a rectangle (overlapping or not)

A

Venn diagram

17
Q

probability model stating how the probabilities of digits 1-9 being the first digit in a number are not equal (1 is most likely)

A

Benford’s Law

18
Q

all outcomes in the sample space that are not outcomes in the event (E^c)

A

complement

19
Q

events in which the occurrence of one does not affect the probability of the other

A

independent events

20
Q

events in which the occurrence of one affects the probability of the other

A

dependent events