Unit 5 Flashcards
what is random behavior?
unpredictable in the short-run, but has a regular and predictable distribution in the long-run
for example, if we only have 10 samples of an x value then it will be unpredictable, but in the long run if we have 1000000 samples then its more predictable because the shape starts to get created (probability)
when do we use a density curve?
continuous quantitative variables
when do we call a phenomenon random?
if individual outcomes are uncertain but there is a regular distribution of outcomes in a large number of repetitions
what is the probability of any outcome of a random phenomenon?
the proportion of times the outcome would occur in an infinitely long series of trials
what is the difference between proportions and probability?
proportion: known or observed value. present tense.
probability: theoretical value of a proportion after an infinitely long series of trials that can never be observed. it relates to future events.
what is the mathematical model used to describe random behavior?
probability model
what are two components of the probability model?
a list of possible outcomes
a probability for each outcome
what is probability?
the probability that an event occurs is the long run proportion of times we would see that event occur in a very long series of trials
what is a sample space?
(S) of a random phenomenon is the set of all possible outcomes.
ex. if we toss a coin twice S={HH,HT,TH,TT}
what is an event?
any subset of outcomes in the sample space.
ex. the event sum is 9 for rolling two dice would be
B={36,45,54,63}
what is the complement of an event?
(A^c) of an event (A) consists of all outcomes in the sample space which are not contained in A.
basically, the complement is everything opposite of A.
random variable
a variable whose value is a numerical outcome of a random phenomenon
what are the two types of random variables?
discrete and continuous
what is a discrete random variable?
has a countable number of possible outcomes
what is a continuous random variable?
takes on all possible values in an interval
ex. weight or distance