U5 Probability Flashcards
1
Q
Subjective probability
A
opinion-based
“might happen”
2
Q
experimental probability
A
trial-based
“did happen”
3
Q
theoretical probability
A
calculation-based
“should happen”
4
Q
odds in favour
A
yes:no
5
Q
odds against
A
no:yes
6
Q
independent events
A
one event has no effect on the occurrence of another
7
Q
dependent events
A
occurrence of one event influences the probability of another event
8
Q
mutually exclusive
A
cannot occur at the same time
9
Q
non-mutually exclusive
A
they can occur simultaneously
