Week 2 - Probability I Flashcards

1
Q

What is the Frequentist idea of probability

A

The probability that an event happens is the number of times that event occurs, as a percentage of the total number of times it could have happened

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2
Q

What is an Experiment

A

An activity which has a range of possible outcomes

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3
Q

What is a Trial

A

A single performance of the experiment

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4
Q

What is the Sample space

A

All possible outcomes of the experiment

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5
Q

What is an Event

A

A combination of outcomes

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6
Q

What is Mutually exclusive

A

Only one outcome can arise from a single trial

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7
Q

What are the rules for Probabilities (x3)

A
  1. A probability always lies between 0 and
  2. The sum of the probabilities of all outcomes in the sample space must equal 1
  3. The probability of an outcome not occurring must equal 1 minus the probability of an outcome occurring
    - not A is called the complement of A
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8
Q

Describe Impossible and Certain events

A
  • If Pr(A) = 0 then event A will never happen (impossible)
  • if Pr(A) = 1 then event A will always happen (certainty)
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9
Q

What are Compound events

A

Combines events with joint probability, ‘and’ and ‘or’

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10
Q

What are Disjoint events

A

Joint probabilities of compound events are 0

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11
Q

What are Non-disjoint events

A

Events that can both occur at the same time, their set of outcomes in the sample space overlap

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12
Q

What is the Intersection of 2 events

A

Where event A AND event B occur

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13
Q

What is the Union of 2 events

A

Where event A OR event B occurs OR both events occur

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