final exam Flashcards
What is probability
a mathematical function of an event in a sample space, quantifying the likelihood of that event occurring in accordance with specific axiomatic rules.
What is a random experiment
a well-defined procedure or action that produces an (observable) outcome in the sample space.
What is the sample space
the set of all possible outcomes from a random experiment
What is an outcome
a result of a random experiment
What is an event of a random experiment
A subset of the sample space or a set of outcomes in the sample space.
0 β€ π πΈ β€ 1
Probability of any event must lie between 0 and 1, inclusive
P(S) = 1
Probability that any of the outcomes in S occurs must be 1.
What properties must the sample space satisfy?
- The outcomes in a sample space must be βexhaustive.β
- The outcomes in a sample space must be βmutually exclusive.β
What does it mean for outcomes in S to be exhaustive?
β All possible outcomes must be listed/
β Each βtrialβ (or experiment) must result in one of these outcomes.
What does it mean for outcomes in S to be mutually exclusive?
β No two outcomes can occur at the same time (on the same βtrialβ).
P(E) = 1
πππ πππ¦ π πππ’ππππ ππ ππ’ππ‘π’ππππ¦ ππ₯ππ’π ππ£π ππ£πππ‘π πΈ1, πΈ2, β¦ , πΈπ, π πΈ1 βͺ πΈ2 β¦ βͺ πΈπ = the sum of π πΈπ
What does it mean for an experiment to be random?
An experiment whose outcome cannot be predicted, but the possible outcomes can be listed
Classical approach
P(E) = Number of possible outcomes in which E occurs
/ Total number of possible outcomes
(Assume outcomes are equally likely (flipping coins))
Relative Frequency Approach
P(E)= Number of trials in which E occurs/ Total number of trials.
(assign probabilities on the basis of data)
Subjective Approach
P(E) = your best guess
What does P(A|B) =/= P(B|A) mean?
P(A) =/= P(B)
What is a random variable
A random variable (X) is a real-valued function of an event or a set of
outcomes of a random experiment to a numerical value.
π (π = π₯π) β₯ 0 ππ π₯π β S
For all x values/ outcomes in the sample space, the probabilities must be positive.
Sum of β π( π = π₯π) = 1 ππ π₯π β S
The sum of all probabilities of the possible x values in the sample space must be 1
π (π = π₯) = 0 πππ π₯ β π
x values not included in the sample space can not occur
What is a test of independence?
P(A|B) = P(A)
What is the test for mutually exclusive?
P(A and B) = 0
What is a random variable?
a real valued function of an event or a set of outcomes of a random experiment
Whatβs the difference between a continuous and discrete random variable.
Continuous: can take on any real value within an interval.
Discrete: can take on a countable number of possible values.
is f(x) a probability?
no, but the area under f(x) can be interpreted as one.
What are the properties of a continuous random variable?
1) π x β₯ 0
2) The area under π x can be interpreted as a probability
- e.g.,) P(100 < X < 120)
- π x itself is not a probability (π π = π₯ = 0 πππ any x )
3) The total area under π x is 1