Probability
Types of Probability
Theoretical Probability
Definition: Probability based on considerations
Formula: (given equally likely outcomes in the SS)
P(E) = n (E) divided by n (S)
Experimental Probability
Definition: Probability that is estimated by the number of times an outcome has occurred in past trials, and is used to predict the likelihood that the outcome will occur in the future.
Formula
P(x) = number of times outcome x occurs divided by the number of trials of the experiment.
Conditional Proability
Definition: when the probability of one event depends on the outcome of another event.
Formula
P (E|F) = n (E or F) divided by n (F)
Geometric Probability
Definition: when it is assumed that each point in a region S is equally likely to be chosen.
Formula
P(E) = area (E) divided by area (S)
Principles of Counting
The Addition Principle of Counting
Formula
n (E or F) = n (E) + n (F)
The Multiplication Principle of Coutning
Formula
n sub 1 x n sub 2 ...
Odds
Definition: when someone speaks of the odds in favor of an event, E, he or she is comparing the likelihood that the event will happen with the likelihood that it will not happen.
Odds in Favor
Odds Against
Probability Function
Definition: a function defined on the sample space S so that each outcome has a value of P (X sub 1), 0 less than or equal to P (x sub 1) less than or equal to 1.
the sum of the probabilities of all the outcomes in the sample space is 1.
Pascal's Theorem
C (n, r) = C(n - 1,r) + C(n - 1, r - 1)
