Unit 4 - Probability and Discrete Distributions Flashcards
Define random
if individual outcomes are uncertain but there is a regular distribution of outcomes in a large number of repetitions
Define probability
the proportion of times the outcome would occur in an infinitely long series of trialss
What its the 2 components of the probability model?
- list of possible outcomes
- a probability for each outcome
Define sample space (S)
set of all possible outcomes
Define event
any subset of outcomes in the sample space
How do you calculate the probability of an event A?
P9A) = # of outcomes in A/ # of outcomes in S
Define intersection
all outcomes contained in both A and B (also includes the probability that both events occur simultaneously)
What is the symbol of intersection of events?
A ∩ B
Define union
consists of all outcomes that are contained in at least one of the events A OR B (included the probability that they both occur)
What is the symbol of union of events?
A ∪ B
What is a way of calculating the probability of the union of two events?
P(A∪B) = P(A) + P(B) - P(A∩B)
When are two events are said to be mutually exclusive/disjoint?
if they have no outcomes in common
A ∩ B = Ø
What does Ø mean?
empty set, set containing no outcomes
When are 2 events said to be mutually exclusive?
if and only if P(A and B) = 0
What is the equation of calculating when 2 events are mutually exclusive?
P(A∪B) = P(A) + P(B)