UNIT 5: PROBALITY Flashcards
(10 cards)
What does U mean when finding probability
*Context: interpret events P(AUB)
U= means “or”
Interpretation: the Probability of events A OR B occurring
What does ⋂ mean when finding probability
*Context: Interprets events P(A⋂B)
⋂= means “and”
Interpretation: The probability of events A AND events B from occurring
What does mutually exclusive mean?
Mutually exclusive events are events that can never occur at the same time
Let A represent “being a high school graduate”, and let B represent “being a homeowner”
Are these two events mutually exclusive?
No, because they can happen at the same time; you can be a high school graduate and a home owner
Interpret P (A | B)
Means the probability of A occurring, knowing (given) that B has occurred
means given
Interpret P (B | A)
Means the probability of B occurring, knowing (given) that A has occurred
What does it mean for two events to be independent
Two events are independent if the occurrence of one of them, DOES NOT, change the probability than the other will happen
If two events are NOT mutally exclusive, then
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).
If two events are mutually exclusive, then
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).
What is the equation for P(AUB)
what if both events are mutually exclusive?
P(AUB)= P(A) + P(B)- P(A⋂B)
if both events are mutually exclusive: P(A⋂B) =0