STAT 100 Chapter 17: Chapter 17.docx

• School: Simon Fraser University
• Department: Statistics
• Course: STAT 100
• Professor: Derek Bingham

Document Summary

Idea of probability is empirical (based on data rather than theorizing alone: describes what happens in very many trials, random individual outcomes are uncertain but there is nonetheless a regular distribution of, probability number between 0 and 1 that describes the proportion of times the outcome would outcomes in large number of repetitions occur in a very long series of repetitions, only describes what happens in the long run, outcome with probability 0 never occurs, outcome with probability 1 happens on every repetition, outcome with probability happens half the time in a very long series of trials.