Term
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Definition
The numerical value
representing the chance,
likelihood, or possibility that a
particular event will occur. |
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Term
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Definition
each individual
or distinct outcome that may occur |
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Term
When rolling a die how many possible
elementary events are there? |
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Definition
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Term
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Definition
Each possible type of
occurrence representing a set or
subset of elementary events |
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Term
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Definition
Based on relative frequencies
obtained from experimental data,
rather than on theoretical
reasoning
P(A) = XA
/ T still applies
Does not assume all elementary
events equally likely |
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Term
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Definition
An event defined by
two or more characteristics
o A car manufactured in the U.S. that
needs repair
o A car manufactured in the U.S. that
doesn’t need repair |
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Term
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Definition
Used when either the number of
elementary events is unknown or
experimental data is unavailable to
calculate relative frequencies |
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Term
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Definition
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Term
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Definition
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Term
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Definition
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Term
If two events, A and B, are mutually exclusive,
then the probability that either event will occur is
the sum of their individual probabilities. |
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Definition
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Term
| If events A and B are not mutually exclusive then |
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Definition
| P(A or B) = P(A) + P(B) – P(A and B) |
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Term
The conditional probability of B occurring given
that A has already occurred is equal to the joint
probability that both A and B will occur divided by
the probability of A occurring |
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Definition
| P(B׀A) = P(A and B) / P(A |
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Term
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Definition
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Term
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Definition
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Term
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Definition
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Term
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Definition
- means the occurrence of one
event in no way affects the 2
nd
event. |
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Term
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Definition
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Term
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Definition
A complete
set of all possible distinct
outcomes and their probabilities
of occurring |
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