probability and normal distribution Flashcards
definition of equally likely outcomes probability
relies on the assumption that each of the possible outcomes of an experiment is equally likely
equally likely outcomes probability equation
P = number of equally likely outcomes in A/ total no. of outcomes
relative frequency definition of probability
necessitates repeating the experiment a large number ofo times and noting the proportion of times the event of interest occurs
properties that probabilities hold irrespective of definition used
probability must be between 0 and 1
P(a)=0 if and only if A is impossible
P(A)=1 if and only if A is certain
what is the probability of A not happening known as
complement of A
P(notA) = 1 - P(A)
addition law states that…
if 2 events, A and B, are mutually exclusive then the probability of either event A or B occurring, denoted by P(A or B) is
P(AorB) = P(A) + P(B)
multiplication law states that…
if 2 events are independent (the risk of 1 event occurring is unaffected by the other event occurring) then the probability of both A and B occurring is
P(AandB) = P(A) x P(B)
normal distribution curve is
symmetrical about the mean and bell-shaped
what does the standard deviation determine
the width of the distribution
the larger the std deviation, the wider and shorter the distribution
in any frequency distribution, the area under the entire curve is exactly…
1
what is standard normal distribution
normal distribution with mean 0 and standard deviation 1