Intro To Probability Flashcards

How are probabilities expressed and types of event

1
Q

Formula Probability of an event happening =

A
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2
Q

How is probability expressed?

A

In a range 0 to 1 , or from 0% to 100%

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3
Q

What are the types of events that can occur in probability?

A

Mutually exclusive events Independent events Dependent events

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4
Q

What is a Mutually Exclusive Event?

A

Events that CANNOT occur at the same time

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5
Q

What is an Independent event?

A

When one event is not affected by the occurrence of the other.

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6
Q

What is a dependent event?

A

When the probability of one event occurring is affected by the occurrence of another.

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