MC: Probability Trees And Conditional Expectations Flashcards
(7 cards)
What are independent events?
Independent events are those where the occurrence of one event does not change the probability of another event occurring.
Example: Flipping a fair coin.
What is the formula for calculating the probability of event A given event B for independent events?
P(A|B) = P(A)
This means the probability of A remains the same regardless of whether B occurs.
Calculate the probability of getting 3 heads when flipping a fair coin.
P(3 heads) = 0.5 × 0.5 × 0.5 = 0.125
This represents the probability of the independent event of getting heads in three consecutive flips.
What are dependent events?
Dependent events are those where knowing the outcome of one event changes the probability of another event occurring.
Example: Picking cards from a pack without replacement.
What is the formula for calculating the probability of event A given event B for dependent events?
P(A|B) ≠ P(A)
This indicates that the probability of A changes based on whether B has occurred.
Calculate the probability of drawing 2 aces from a deck of cards without replacement.
P(2 aces) = (4 / 52) × (3 / 51) = 0.0045
This calculation shows how the probability changes after the first draw.
Just a visual on bayes formula