1 Probability Intro
1 Probability Intro
A Review
Definition of terms
Statistical Experiment – is an
experiment that generates data.
Sample Space – set of all outcomes of
an experiment.
Sample point – refers to each
outcome in the sample space.
Event – a subset of the sample space,
denoted by capital letters.
Example:
Example: A fair coin is tossed
three times and the sequence of
heads (H) and tails (T) is observed.
List the outcomes of the
experiment.
Example: Use a tree
diagram to find the sample
space for the gender of the
three children in a family.
Probability – a chance of an event
occurring.
3 Interpretations of probability:
- Classical probability
- Empirical or relative frequency
probability
- Subjective probability
Subjective Probability
Uses a probability value based on
an educated guess or estimate,
employing opinions and inexact
information.
It is a personal assessment of the
likelihood of an event happening,
based on an individual's beliefs,
experiences, and feelings.
Classical Probability
- Uses sample spaces to determine the
numerical probability that an even will
happen.
Example:
Probability of getting a head (or
tail) in tossing a coin.
Answer:
Two Types of Random
Variable:
Discrete random variable
– represents count data.
Continuous random
variables – represents
measured data.
Example: Classify the following random variables as
discrete or continuous.