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.

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2
Q

Sample Space:
Discrete Sample Space and Continuous Sample Space.

A

Discrete Sample-Space: Unique Value.
Continuous Sample Space.: Continuous Value.

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3
Q
A
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