PROBABILITY
DEFINITION
TERMS IN PROBABILITY
TYPES OF EVENTS
INDEPENDENT EVENTS
DEPENDENT VARIABLE
EXAMPLES
BASIC RULES OF PROBABILITY
0 ≤ P(E) ≤ 1
∑ P(E ) = 1
P(E )= P(e1)+P(e2)+P(e3)
P(E1 or E2) = P(E1) + P(E2) – P(E1 and E2).
Examples
P (E1 or E2) = P(E1) + P(E2)
FINDING THE EXPECTED VALUE AND STANDARD DEVIATION OF PROBABILITY DISTRIBUTION
E(x) = ∑ xP(x)
where E(x) – expected value of x
x- values of the discrete random
P(x) – probability of the random variable taking on the value x.
Size of household | 1 | 2 | 3 | 4 | 5 | 6 | 7 or more |
Probability | 26.7% | 33.6% | 15.8% | 13.7% | 6.3% | 2.4% | 1.5% |
Examples
Goals (x) | Probability P(x) |
0 | 0.18 |
1 | 0.34 |
2 | 0.35 |
3 | 0.11 |
4 | 0.02 |
Examples
what is the standard deviation of the number of failures for each vehicle.
Failures (x) | Probability P(x) |
0 | 0.24 |
1 | 0.57 |
2 | 0.16 |
3 | 0.03 |
ASSIGNMENT
x | P(x) |
0 | |
1 | |
2 | |
3 | |
4 | |
5 | |
| |
ASSIGNMENT
Goals(X) | Probability P(x) |
0 | 0.18 |
1 | 0.34 |
2 | 0.35 |
3 | 0.11 |
4 | 0.02 |