Probability Flashcards

1
Q

Probability formula:

A

Number of ways it can happen
—————————————
Total number of outcomes

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2
Q

What does mutually exclusive events mean?

A

Only one event can happen happen at a time

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3
Q

What is probability?

A

The likelihood of an event happening.

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4
Q

Relative frequency formula:

A

number of times the outcome happened
——————————————————
Total number of trials

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5
Q

estimated/expected successful outcomes formula:

A

number of trial x probability

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