QMS 202 Lecture Notes - Lecture 8: Probability Distribution, Random Variable, Sample Space

202 views30 pages

Document Summary

The chance that an event will occur: discuss the meaning of 10% chance of snowing this late afternoon , for a true or false question, what is the chance of getting the correct answer if. Why: give 2-3 examples of situations where you use probability concept in your daily life. Understand the terms experiment, event and outcome. Use tree diagrams to solve problems involving probabilities. Construct and use venn diagrams to illustrate and define the concepts of complementary, mutually exclusively, union and intersection of events is a branch of mathematics that measures the chance of the event will occur. It takes value between 0 and 1, inclusive. Use venn diagrams to solve simple problems. Calculate conditional probabilities and use them to test for independence. Use basic probability rules to calculate and or and not probabilities. Experiment: a process of observation with and uncertain outcome. Outcome: a particular result of an experiment.

Get access

Grade+20% off
$8 USD/m$10 USD/m
Billed $96 USD annually
Grade+
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
40 Verified Answers
Class+
$8 USD/m
Billed $96 USD annually
Class+
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
30 Verified Answers

Related Documents