PSYC 200 Chapter Notes - Chapter 8: Mutual Exclusivity, Statistical Inference, Fair Coin

• School: University of Maryland
• Department: Psychology
• Course: PSYC 200
• Professor: Jonathan Mohr

Document Summary

Population distributions: arrangements of values of a variable showing their observed or theoretical frequency of occurrence: assign: A relative likelihood to every event when outcomes are discrete. Relative likelihood to every event-interval when outcomes are continuous. Subjective: is based on an individual"s opinion or experience, using whatever information is available. A good example is: estimating the likelihood that the. U. s. budget deficit will be reduced by half in the next 10 years. own personal biases, knowledge, belief, as information accumulates it should converge (bayesian) A priori: theoretical, based on theory and expectation, classical (classical probability is based on the assumption that the outcomes of an experiment are equally likely, for example, rolling a fair dice. ) A posteriori: empirical, based on observations empirical. Probability is based on the number of times an event occurs as a proportion of a known number of trials.