Probability Flashcards
1
Q
Probability
A
- a number that describes the chance of an event happening
2
Q
Pr(E) or P(E)
A
- the probability of event “E”
- always between 0 and 1
3
Q
2 ways to think about Probability
A
- # of times E occurs/ # of times chance operation is repeated
- # of ways the event can occur/ # of possible outcomes
4
Q
Multiplication Rule
A
- if 2 events E1 and E2 are independent, then:
Pr(E1 and E2)= Pr(E1) x Pr(E2)
5
Q
Conditional Probability
A
- Interested in “ what is the probability that Event A happens GIVEN that event B has happened.
- ”|” means “given”
- Pr{E2|E1}= (Pr{E1 and E2})/(Pr{E1})