MATH 1P98 Lecture Notes - Lecture 11: Sample Space, Intercultural Competence, North American Free Trade Agreement

• School: Brock University
• Department: Mathematics and Statistics
• Course: MATH 1P98
• Professor: Mark Willoughby

Document Summary

Event: any collection of results or outcomes of a procedure, an event is a subset of the sample space, events are denoted with a capital letter. Simple event: an outcome or an event that cannot be further broken down into simpler components. Sample space: the collection of all possible simple events for a procedure; the set of all possible outcomes. To find the probability of an event: use p to denoted probability, p(a) probability of event a. Classical approach: assume that a procedure has n different simple events, and that each simple event has an equal chance of occurring. P(a) (number of ways a occurs) / (number of different simple events: relative frequency approx. : conduct/observe a procedure, count the number of time the event occurred. P(a) (number of times a occurred)/ (number of times the experiment was repeated: subjective probabilities: the prob. Of an event is estimated by using knowledge of relevant circumstance.