Formulas Flashcards
1
Q
Binomial Experiment
A
- The same experiment repeated a fixed number of times
- Only success or failure
- Repeated trials are independent
2
Q
Binomial Equation
A
(x sucess in n trials) C(n,x)p^x1-p^n-x
3
Q
Probability distribution
A
0 1 2 3 / 14/55 28/55 12/55 11/55= 1
4
Q
Expected value
A
E(x)= x1p1* x2p2 * …nxpn
5
Q
E^F ^=upsidedown U
A
Both E and F
6
Q
EUF
A
E or F or both
7
Q
E’
A
E doesn’t occur
8
Q
Events that cant occur at same time
A
mutually exclusive
9
Q
Basic probability principle
A
n(e)/n(s)
10
Q
Union rule for probability
A
P(EUF)=P(E)+P(F)-P(E^F)
11
Q
Multiplication principle
A
m1m2m3…mn m1-ways to make choice 1 m2= ways choice 2
12
Q
Compliment rule
A
p(E)=1-P(E’) and p(E’)= 1-P(e)
13
Q
odds in favor
A
P(E)/P(E’) 1/3 / 2/3= 1/2 or 1 to 2 1:2
14
Q
odds in favor
A
m to n then P(E)= m/m+n P(E’)= n/m+n
15
Q
Conditional Probability AIB
A
Probability A given B occured