Venn Diagrams Flashcards
And (intersection), Or (union), Conditional probability, General multiplication rule, Bayes' Theorem.
What’s the purpose of a Venn Diagram?
Allows visualisation of probabilities of different events occurring.
What is Joint probability?
The probability of two events occurring together.
What is And (intersection) probability?
The probability of two events occurring together.
What is Or (union) in probability?
The probability that either A event occurs, OR B event occurs, OR both
What is Conditional Probability?
The likelihood of event A occurring, given that event B has already occurred.
What is the General Multiplication Rule?
The probability of events A and B both occurring (joint probability) is the same as the probability of A occurring (original probability), multiplied by the probability of B given that A has already happened.