Probability Flashcards

1
Q

in the long run, what is the relative frequency of an event equal to?

A

probability of its occurrence

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2
Q

definition: union

A

either A or B, or both A and B

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3
Q

definition: intersection

A

both A and B

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4
Q

definition: complement

A

complement of A is the event “not A”

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5
Q

what is the additive law of probability?

A
  1. probability that two events will occur is equal to the sum of the probabilities of the individual events
  2. must be mutually exclusive events (or else you need to subtract the overlapping probability)
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6
Q

what is the general rule of multiplication of probability?

A
  1. if A has already occurred, the probability of A and B occurring = probability of A x B given A
  2. events must be dependent upon one another
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7
Q

what rule is applied for the joint probability of independent events?

A

special rule of multiplication

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8
Q

when is Bayes’ theorem used?

A

when events are not independent - to derive more precise probability

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