UNIT 5: PROBALITY Flashcards

(10 cards)

1
Q

What does U mean when finding probability

*Context: interpret events P(AUB)

A

U= means “or”

Interpretation: the Probability of events A OR B occurring

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1
Q

What does ⋂ mean when finding probability

*Context: Interprets events P(A⋂B)

A

⋂= means “and”

Interpretation: The probability of events A AND events B from occurring

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2
Q

What does mutually exclusive mean?

A

Mutually exclusive events are events that can never occur at the same time

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3
Q

Let A represent “being a high school graduate”, and let B represent “being a homeowner”

Are these two events mutually exclusive?

A

No, because they can happen at the same time; you can be a high school graduate and a home owner

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4
Q

Interpret P (A | B)

A

Means the probability of A occurring, knowing (given) that B has occurred

means given

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5
Q

Interpret P (B | A)

A

Means the probability of B occurring, knowing (given) that A has occurred

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6
Q

What does it mean for two events to be independent

A

Two events are independent if the occurrence of one of them, DOES NOT, change the probability than the other will happen

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7
Q

If two events are NOT mutally exclusive, then

A

the probability of event A or event B is the sum of the individual probabilities minus the probabilty of events A and B.

In other words, P(A U B) = P(A) + P(B) - P(A ∩ B).

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8
Q

If two events are mutually exclusive, then

A

the probability of event A or event B is the sum of the individual probabilities.

In other words, P(A U B) = P(A) + P(B).

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9
Q

What is the equation for P(AUB)

what if both events are mutually exclusive?

A

P(AUB)= P(A) + P(B)- P(A⋂B)

if both events are mutually exclusive: P(A⋂B) =0

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