What does a probability model specify?
A probability model specifies the possible outcomes, the events of interest, and the probability assigned to each outcome or event.
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What does a probability model specify?
A probability model specifies the possible outcomes, the events of interest, and the probability assigned to each outcome or event.
How do sample space, outcome, and event differ?
The sample space S is the set of all possible outcomes of a random experiment. An outcome is one particular result; an event is a subset of the sample space.
What two basic constraints must probabilities satisfy?
For every event A, 0 ≤ P(A) ≤ 1, and the entire sample space has probability P(S)=1.
How is an event probability found with equally likely outcomes?
For equally likely outcomes, P(A) equals the number of outcomes in A divided by the number of outcomes in S.
What is the complement rule?
The complement rule is P(A^c)=1−P(A). It is often useful for finding the probability of “at least one” by calculating 1−P(none).
What do intersection and union represent?
The intersection A∩B is the event that both A and B occur. The union A∪B is the event that A, B, or both occur.
What is the general addition rule?
P(A∪B)=P(A)+P(B)−P(A∩B). The intersection is subtracted because adding the two probabilities counts the overlap twice.
What characterizes mutually exclusive events?
Mutually exclusive events cannot occur together, so P(A∩B)=0. Their union therefore has probability P(A)+P(B).
How is conditional probability P(A|B) calculated?
If P(B)>0, conditional probability is P(A|B)=P(A∩B)/P(B). The condition B restricts attention to outcomes in B.
Why is the denominator 96 in the fitness-app example?
In the fitness-app table, P(regular exercise|app use)=72/96=0.75. The denominator is 96, because the condition restricts attention to app users.
What is the multiplication rule?
The multiplication rule is P(A∩B)=P(B)P(A|B), or equivalently P(A)P(B|A). It calculates the probability that both events occur.
When are two events independent?
Events are independent when knowing that one occurred does not change the probability of the other. Equivalently, P(A∩B)=P(A)P(B).