Chapter 5 Flashcards
Probability
Probability of an event=
number of ways it can occur/total number of possible outcomes
Properties of probabilities
always between 0-1, add to 1
complement rule
the probability of event A not happening=1-P(A)
Law of large numbers
after many trials, the relative frequency of outcomes will approach their probability
simple addition rule
or means add (unions)
P(AuB)=
P(A)+P(B)-P(AnB)
Mutually exclusive (disjoint)
when events have no intersection, they cannot both occur, P(AnB)=0
condition
a “given”
P(A|B)=
P(AnB)/P(B)
independence
knowing the outcome of one event does not affect the probability that the other event will occur, P(A|B)=P(A)
P(AnB)=
P(A)xP(B|A)
successive
events that happen one after the other