Probability Quiz Flashcards
1
Q
Independent Events
A
the probability that one event occurs does not affect the probability of the other event occuring
2
Q
conditional events
A
the outcome of the second event is dependent on the outcome of the first event
3
Q
fairness
A
expected value = $0 then the game is fair
if theirs equal probability for both parities its fair
4
Q
expected value
A
the sum of each outcome times the probability associated with that outcome
5
Q
probabilities “this or that”
A
add
6
Q
Probabilities “this and that”
A
multiple
7
Q
sample space
A
set of all possible outcomes
8
Q
event
A
single result of an experiment
