Topic 6 - Understanding Chance Flashcards
L.O.
LO6 Use the box model to describe chance and chance variability, including sample surveys and the central limit theorem
The Prosecutors Fallacy
Is a mistake in statistically thinking.
Whereby its assumed that the probability of a random match is equal to the probability that the defendant is innocent.
Used in court as an argument for/ against defendants.
Binary trials
When there are 2 possible outcomes
(Yes/No)
(Heads/Tails)
Properties of chance
Chance is the percentage of time a certain event is expected to happen, if same process of repeated long-term
Basic properties:
1. Chances are between 0-100%
2. Chance of something = 100% - complement event
3. Drawing at random means every choice has an even chance of being picked
Conditional probability and multiplication principle
Conditional Probability:
- The chance that a certain event occurs, given another event has occured
Multiplication Principle:
- The probability that 2 events occur is the chance that the chance of the 1st event multiplied by the chance of 2nd event, given the 1st event has occured
Independance
Two Events are independant if the chance of the 2nd given the first is the same as the second
- Drawing randomly with replacement ensures independance
Dependance
- Two events are dependant if the chance of the 2nd given the 1st is not the same as the chance f the 2nd as it depends on the result of the 1st event
- Drawing without replacement ensures dependance
Mutually exclusive Vs Independance
Mutually excl:
- Two things are mutually exclusive when the occurance of one event prevents the other
- Occurance of event 1 prevents event 2 occuring
Indep:
Occurance of event 1 does NOT chance the chances of event 2.
Making lists…
[heft]
Addition rule
If 2 things are mutually exclusive, then the chance of at least 1 occuring is the sum of the individual chances
- The probability that at least one of the 2 events occur
- Applies if the data is mutually exclusive
Binomial coefficients
Factorial:
- The number of ways rearranging n distinct objects in a row is n factorial.
- n!
Binomial coefficient:
- Suppose there are n objects in a row, made up of x number of 1 and n-x of 2.
- The number of ways of rearranging the n objects is given by the binomial coefficient:
(n x) = n!/ (x!(n-x)!)
Binomial theorum
Suppose we have n independant, binary trials, with P(event) = p at every trial, and n is fixed.
The chance that exactly x events occur is:
(n x)p^x (1-p)^(n-x)
[heft]
Binomial theorum example
A fair coin is tossed 5 times. What is the probability of getting 3 heads?
Working:
x= 3, n= 5, p= 0.5
(5 3) 0.5^3 (1-o.5)^(5-3)
= 0.3125