Probability and Counting Rules

Question 1

It can be used to quantifty what the odds are that a specific event will occur

Answer 1

Probability

Question 2

Can be defined as the chance of an event occurring

Answer 2

Probability

Question 3

Is the chance process that leads to well-defined results called outcomes

Answer 3

Probability experiment

Question 4

Is the set of all possible outcomes of a probability experiment

Answer 4

Sample space

Question 5

Is the result of a single trial of a probability experiment

Answer 5

Outcome

Question 6

It consists of outcomes

Answer 6

Event

Question 7

Is a device consisting of line segments emanating from a starting point and also from the outcome point.

Answer 7

Tree diagram

Question 8

Three basic interpretations of probability

Answer 8

Classical probability, empirical probability, subjective probability

Question 9

Uses sample spaces to determine the numerical probability that an event will happen and assumes that all outcomes in the sample space are equally likely to occur.

Answer 9

Classical probability

Question 10

True or False: Probabilities should be expressed as reduced fractions or rounded to two or three decimal places

Answer 10

True

Question 11

What probability rule states that probabilities cannot be negative or greater than 1

Answer 11

Probability Rule #1

Question 12

What probability rule states that If an event E is certain, the probability of E is certain to occur.

Answer 12

Probability Rule #3

Question 13

What probability rule states that if an event E cannot occur, its probability is 0

Answer 13

Probability Rule #2

Question 14

What probability rule states that the sum of the probabilities of all outcomes in the sample space is 1

Answer 14

Probability Rule #4

Question 15

It is the set of outcomes in the sample space that are not included in the outcome of event E

Answer 15

Complement of an event E

Question 16

Relies on the actual experience to determine the likelihood of outcomes

Answer 16

Empirical probability

Question 17

Uses a probability value based on an educated guess or estimate employing opinions and inexact information

Answer 17

Subjective probability

Question 18

Two events are ____ if they cannot occur at the same time (no outcomes in common)

Answer 18

Mutually exclusive events

Question 19

What rules if mutually exclusive events

Answer 19

Addition rule of probability

Question 20

Two events A and B are _____ if the facts that A occurs does not affect the probability of B occurring

Answer 20

Independent Events

Question 21

if the outcome of the first event affects the outcome of the second event that probability is changes, the events are said to be?

Answer 21

Dependent Events

Question 22

Is the probability that the second event B occurs given that the first event A has occurred

Answer 22

Conditional probability

Question 23

What is the other term for fundamental counting rule

Answer 23

Multiplication of choices

Question 24

It is the product of all positive numbers from 1 to a number

Answer 24

Factorial

Question 25

Is an arrangement of objects in a specific order. Order matters

Answer 25

Permutation

Question 25

Is a grouping of objects. Order does not matters

Answer 25

Combination