Chapter 3 Flashcards
(39 cards)
What do PDF and CDF tables share in terms of characteristics?
Identical characteristics
What do both PDF and CDF values sum up to?
One
Is summing PDF and CDF values useful or meaningful?
No
In what context is the Z-score placed?
Context of the CDF
How is the Z-score defined?
CDF probability that X is less than or equal to a specific value
What example value was mentioned in relation to Z-scores?
18
What is crucial for accurate probability calculations?
Accurate calculation and verification
Why is understanding the properties of PDF and CDF essential?
For probability analysis
How does the proper use of Z-scores enhance probability assessments?
Enhances probability assessments in the context of CDF
What do Venn Diagrams utilize to represent two events?
Overlapping circles
For three events, an additional circle is added overlapping with the existing two.
What do elements outside the circles in a Venn Diagram represent?
Items not included in the focused events.
What is the purpose of contingency tables?
Display counts instead of listing all elements.
How do contingency tables simplify representation?
By summarizing the sample space.
What does P(B | A) represent?
Probability of event B occurring given that event A has occurred.
What is the formula for P(B | A) if there are 6 instances of B, and 3 are favorable?
P(B|A) = 3/6.
What does P(B | A Complement) signify?
Probability of event B given that event A has not occurred.
What is P(A | B Complement)?
Probability of event A given that event B has not occurred.
What do the probabilities of complementary events sum to?
1.
What is the sum of probabilities for event A and its complement?
P(A) + P(A Complement) = 1.
What do Venn diagrams and contingency tables provide?
Summarized and visual representation of complex probability scenarios.
Why is it crucial to ensure conditions refer to the same sample space when calculating conditional probabilities?
To ensure consistency.