CHAPTER 6 Flashcards
what is probability?
- a numerical measure of the chance of an event happening
what does it mean if a probability is 0?
- impossible for the event to happen
what does it mean if a probability is 1?
- the event is certain to happen
how can you write probabilities?
- as fractions
- as decimals
- as percentages
probability of an event equation:
probability of an event= number of successful outcomes/ total number of possible outcomes
expected frequency equation:
expected frequency of an event A= P(A) x number of trials
what is the expected frequency?
- the number of times you expect the event to happen
- it is not necessarily what actually will happen
what is a trial?
- each experiment (or response to a survey)
estimated probability equation:
estimated probability= number of trials with successful outcome/ total number of trials
risk of an event equation:
risk of event= number of trials in which event happens/ total number of trials
what is the absolute risk?
- the probability of an event happening
what is the relative risk?
- how many times more likely an event is to happen for one group compared to another group
relative risk for a group equation?
risk for those in the group/ risk for those not in the group
what is a list of all the possible outcomes called?
- sample space (S)
what conditions must be met for a sample space diagram?
- the outcomes must be equally likely
- can use if there are two events