Intro To Probability Flashcards
How are probabilities expressed and types of event
1
Q
Formula Probability of an event happening =
A
2
Q
How is probability expressed?
A
In a range 0 to 1 , or from 0% to 100%
3
Q
What are the types of events that can occur in probability?
A
Mutually exclusive events Independent events Dependent events
4
Q
What is a Mutually Exclusive Event?
A
Events that CANNOT occur at the same time
5
Q
What is an Independent event?
A
When one event is not affected by the occurrence of the other.
6
Q
What is a dependent event?
A
When the probability of one event occurring is affected by the occurrence of another.