Unit 5 Flashcards

(27 cards)

1
Q

Random process

A

Any process determined by chance

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2
Q

Trial

A

One repetition of a chance process

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3
Q

Probability

A

A number between 0 and 1 that describes the proportion of times that outcome would occur in a very long series of repetitions

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4
Q

Law of large numbers

A

If we observe many repetitions of a chance process the proportion of times an outcome occurs, Approaches its probability

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5
Q

Understanding randomness

A

Randomness is only predictable in the long run, not the short run

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6
Q

“Law of averages” myth

A

If it hasn’t happened in a long time it is due to happen

This is NOT TRUE

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7
Q

Simulation

A

The imitation of some chance behavior

Based on a model that reflects the situation

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8
Q

The simulation process

A

Describe how the chance behavior can be modeled

State what you will record at the end of each trial

Perform many trials

Use the results to answer the question of interest

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9
Q

What # is considered statistically significant

A

5% or less

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10
Q

Probability model

A

Description of some chance process that consists of:
A list of all possible outcomes, and the probability of each outcome

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11
Q

Sample space

A

List of all possible outcomes

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12
Q

Event

A

Any collection of outcomes from some chance process

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13
Q

Probability models

Example

A

Roll a pair of dice

Let event A= sum is 5

4/36=0.111

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14
Q

Probability of event A ( P(A) )

A

of outcomes in event A

/
Total # of outcomes in sample space

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15
Q

Rules of a valid probability model

A

Prob of any event must be # between 0 and 1

All possible outcomes together must have probabilities that add up to 1

0 - prob an event does NOT occur
1 - prob it WILL occur

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16
Q

Complement rule

A

P(A complement) = 1- P(A)

17
Q

Mutually exclusive

A

Events can NOT happen at the same time

P(A or B) = P(A) + P(B)

If events A and B are mutually exclusive

18
Q

General addition rule

A

P(A or B) = P(A) + P(B) - P(A and B)

Finding P(A or B) when events are NOT mutually exclusive

19
Q

Complement, Intersection, Union

A

Page 11 has images of Complement, Intersection, and Union

Intersection - “And” n
Union - “Or” u

20
Q

Conditional Probability

A

The probability that one event happens given another event is known to have happened

P(A|B)

The vertical line means “given”

21
Q

Calculating conditional probability

A

P(A n B) / P(B) = P(A|B)

(A n B) —> both events
(B) —> given event

22
Q

Independent events

A

A and B are independent events if knowing whether one event has occurred or not does NOT change the probability that the other event occurs

If probabilities are = , events are independent
If probabilities are unequal, events are NOT independent

23
Q

The general multiplication rule

A

Probability both events A and B occur

P(A n B) = P(A) x P(B|A)

24
Q

Tree diagrams

A

Help us show the sample space of events that occur in sequence

All probs after the 1st event are conditional

25
At least one rule
P(At least one) = 1 - P(None) VERY IMPORTANT SEE PAGE 18
26
The multiplication rule for independent events
If A and B are Ind P(A n B) = P(A) x P(B)
27
Standardized score (z-score)
The # of SD’s a data value is above or below the mean in a distribution Formula: Z=Value — Mean / Standard Deviation