Unit 5 Vocabulary Flashcards
The repeated observation of random outcomes of a given event.
Chance Process
Any event which consists of more than one outcome.
Compound Event
A probability model based upon observed data generated by the process. Also, referred to experimental probability.
Empirical
Any possible outcome of an experiment in probability. Any collection of out comes of an experiment. Formally, an event is any subset to sample space.
Event
The ratio of the number of times an outcome occurs to the total amount of trials preformed.
Experimental Probablility
Two events are independent if the occurrence of one of the events gives us no information about wether or not the other event will occur, that is, the events have no influence on each other.
Independent Events
A number that can be listed as a number between 1 and 0.
Probability
It provides a probability for each possible non overlapping outcome for a change process so that the total probability over all such outcomes is unity. This can be either theoretical or experimental.
Probability Model
Also experimental probability
Relative Frequency of Outcomes
All possible outcomes of a given experiment.
Sample Space
Any events which consists of a single outcome in the sample space. A simple event can be represented by a single branch of a tree diagram.
Simple event
As technique used for answering real-world questions or making decisions in complex situations where an element of chance is involved.
Simulation
The mathematical calculation that an event will happen in theory. It is based on the structure of the processes and its outcomes.
Theoretical Probablility
A tree-shaped diagram that illustrates sequentially the possible outcomes of a given experiment.
Tree Diagram
