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Section 1

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Equally likely events

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Last updated

7 years ago

Date created

Mar 1, 2020

Cards (14)

Section 1

(14 cards)

Equally likely events

Front

the events in the sample space that have the same probability of occurring

Back

Probability

Front

the chance of an event occurring

Back

sample space

Front

the set of all possible outcomes

Back

Venn Diagram

Front

A diagram used as a pictorial representation for a probability concept or rule

Back

subjective probability

Front

the type of probability that uses a probability value based on an educated guess or estimate, employing opinions and inexact information

Back

Law of Large Numbers

Front

If we perform a probability experiment a large number of times, it's empirical probability will approach its theoretical probability

Back

empirical probability

Front

the type of probability that uses frequency distributions based on observations to determine numerical probabilities of events

Back

outcome

Front

the result of a single trial in a probability experiment

Back

probability experiment

Front

a chance process that leads to well-defined results called outcomes

Back

compound event

Front

An event that's consists of two or more outcomes or simple events

Back

complement of an event

Front

the set of outcomes in the sample space that are not among the outcomes of the event itself

Back

Classical Probability

Front

the type of probability that uses sample spaces to determine the numerical probability that an event will happen

Back

simple event

Front

an outcome that results from a single trial of a probability experiment

Back

event

Front

One or more outcomes of a probability experiment

Back