Probability Flashcards
What is an experiment?
An experiment is a repeatable process that gives rise to a number of outcomes
What is an event?
An event is a collection of one or more outcomes
What is a sample space?
A sample space is the set of all possible outcomes
What is the probability of an event where outcomes equally likely?
The probability of an event is the number of outcomes in the event divided by the total number of possible outcomes
What do all probabilities sum to?
They sum to 1
What does mutually exclusive mean?
When events have no outcome in common. They cannot take place at the same time. In a venn diagram, the curves don’t overlap
What is the formula for mutually exclusive events?
P(A or B) = P(A) + P(B)
What are independent events?
When events take place but don’t affect the probability of either event happening. If A and B are independent then the probability of A happening stays the same whether or not B happens
What is the formula for independent events?
P(A and B) = P(A) x P(B)