Probability Flashcards

1
Q

What is an experiment?

A

A process that produces observations

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2
Q

What is a trial?

A

A single repetition of an experiment

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3
Q

What is a sample space?

A

All possible outcomes for an experiment

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4
Q

What is an event?

A

A possible outcome stated in terms of members of the sample space.

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5
Q

Counting rule:

A

Number of outcomes = n1 x n2 n3 x……..

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6
Q

What does ! mean

A

Factorial.

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7
Q

Excel Functions for factorial eg 3 people from 10 volunteers.

A

FACT (3) X FACT (7)

OR

COMBIN(10,3)

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8
Q

Permuatations in excel
E.G 8 athletes, 3 podium spots

A

=PERMUT(8,3)

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9
Q

3 ways of measuring probability:

A

– Exact probability
– Relative frequency
– Subjective assessment

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10
Q

What is exact probability?

A

All outcomes have the same chance of happening

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11
Q

What is relative frequency?

A

Observe repeated trials of an experiment. The relative frequency
(proportion) estimates the probability

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12
Q

What is subjective assessment?

A

Personal measure of uncertainty. Usedirect information, personal judgement and experience to give subjective assessment.

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13
Q
A
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