Probability Concepts Flashcards
If a probability is equal to one, the event is _____ to happen
certain
what are the two ways we can estimate probabilities
experimental results or model estimates
what is the ‘formula’ for working out an experimental estimate of probability
number of favourable outcomes/total number of trials
individual outcomes are unpredictable due to?
randomness
if we run a very large number of trials, we expect our experimental probabilities to be close to the?
true probabilities
what is a common example of a model probability from year 12
the normal distribution
what assumption is an example of a model probability when rolling a die
assuming each outcome is equally likely
define the sample space
set of all possible outcomes eg: 0,1,2,3,4,5,6,7,8,9,10,11,12
random variables can be either ___ or ____
discrete or continuous
what is a discrete variable
one where you count and take only whole number values
what is a continuous variable
measurement and can be a number in any certain range theoretically
the intersection of two venn diagram circles shows the probability of?
A and B
the whole space of the two circles of the venn diagram and the overlapping bit shows the probability of?
A or B
The space outside the circles but inside the rectangle on a venn diagram represents the probability of?
Neither A nor B
what is a conditional probability
the probability of an event happening given that we already know some other event has occured