Stats Flashcards
1
Q
Probability
A
of desired outcomes / # of possible outcomes
2
Q
Multiple events
A
Determine whether you want both or just one event to happen, the order the events occur, and whether they can happen simultaneously
3
Q
Either A OR B
A
Ads probabilities
4
Q
Both A AND B
A
Multiply probabilities
5
Q
Consider likelihood of event not occurring and subtract that probability from 1
A
The probability that the event will occur + the probability than event wont occur = 1