Lecture05 Flashcards
Bayes Rule, Decision Making under uncertainty
1
Q
A probability provides a quantitative description of the chances or
likelihoods associated with various outcomes or events.
A
An event is an outcome of an experiment:
The basic element to which probability is applied.
Something about which a decision maker is uncertain.
2
Q
Sample Space:
Discrete Sample Space and Continuous Sample Space.
A
Discrete Sample-Space: Unique Value.
Continuous Sample Space.: Continuous Value.
3
Q
A