Probability Flashcards

1
Q

When all outcomes are equally likely

A

P(event) = number of outcomes in which event occurs/ total number of outcomes

E.g. Even dice

Outcomes 123456

Even outcomes/total no. outcomes

3/6=1/2

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2
Q

When possible outcomes are not equally as likely (relative frequency approach )

A

P (event )- number of times event occurs / total number of times

80.000 chips made by a machine last year
80 were defective
P(defective) = 80/80,000=0.001

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3
Q

Simple/compound events

A

Throw a dice
Outcomes : 123456

Event A : outcome 3 (simple)

Event B :outcome 2,4 or 6 (compound)

The probability of a compound event is the sum of the probabilities included

E.g. P(even) =p(2)+p(4)+p(6)

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4
Q

Complementary events

A

One event is the negation of another

I will be run over by a bus tomorrow, I will not be run over by a bus tomorrow

If events are p(A)+ p(not A) = 1

Equivalently- p(not A) = 1-p(A)

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5
Q

Combining events

A

A and B - middle Venn diagram

A or B ( A or B or both )

P(A or B) = p(A) + p(B)- p(A and B)

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6
Q

Mutually exclusive events

A

When two or more events cannot both occur they are mutually exclusive

P(A and B)=0
Venn: separate non touching circles

E.g. A: person is over 60
B: person under 18

P(A or B) = P(A) + P(B)

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7
Q

Conditional probability

A

Takes into account additional info

E.g. 6 men and 4 women apply for a job including Mary

Nothing is known about any of them so Mary has 0.1% chance

A woman is successful
Prob is now 1/4-0.25%

We write this as p(success|woman)=0.25

“Probability of success given that a woman is successful “

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8
Q

Calculating conditional probabilities

A

P(A|B)

B has occurred (after the | )

Probability of A looking at B only

P(A|B)= p(A and B)/ P(B)

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9
Q

Dependant and independent events

A

When P(A) doesn’t equal P(A|B) events a and b are dependant

When P=P(A|B) a and b are independent

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10
Q

Joint probability

A

P(A and B)=P(A) P(B|A)

If events are independent it becomes

P(A and B)= P(A) P(B) (multiply )

Multiple joint probabilities
Independent .
P(A and B and C)= P(A) P(B) P(C)

Dependant
P(A and B and C) = P(A)P(B|A)P(C|B and A)

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