Chapter 5 - Probability Flashcards
probability
a measure of the likelihood of a random phenomenon or chance behavior.
p259
outcome
A certain result that occurs after an experiment.
p259
The Law of Large Numbers
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.
p259
experiment
any process with uncertain results that can be repeated.
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sample space
S, the collection of all possible outcomes in a probability experiment.
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event
any collection of outcomes from a probability experiment.
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probability model
lists the possible outcomes of a probability experiment and each outcome’s probability.
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impossible event
an event whose probability is 0.
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certainty
an event whose probability is 1.
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unusual event
an event that has a low probability of occurring.
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equally likely outcomes
Each outcome has the same probability of occurring.
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tree diagram
lists the equally likely outcomes of the experiment.
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subjective probability
a probability obtained on the basis of personal judgment.
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disjoint
When two events have no outcomes in common. In other words two events are disjoint if they cannot occur at the same time.
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mutually exclusive
or disjoint (see disjoint)
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