Stat 108: midterm 2 Flashcards
probability
is a number in between 0 and 1 that reflects the likelihood of occurrence of the some event
probability of an event
P(E)= number of favorable outcome /total # of outcome
Probability Range
0<P(E)<1
Disjoint Events
P(E and F)= 0
Addition Rule
P(E or F) = P(E) + P(F) - P(E and F)
- the number that is added/counted twice
Addition Rule (disjointed Events)
If E and F are disjoint, then P(E or F)=P(E) + P(F)
multiplication rule for Independent Events
If events E and F are Independent then,P(E and F) = P(E)*P(F)
standard normal distribution
a normal distribution w µ=0 and st dev=1
margin of error
true value of statistics within the bound
parameters
numerical characteristic of a population, as distinct from a statistic of a sample-> it never changes
p
population parameter
p ˄
sample proportion