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5 Cards in this Set
- Front
- Back
- 3rd side (hint)
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Relative Frequency Approximation of probabbilty
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P(A) = numbr of times A occured / number of times the procedure is repeated
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Ex.) weather, or how will a thumb tack fall
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Classical Approach to Probability
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P(A) = number of ways A can iccur / number of different simple events or s/n
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NOTE: has an EQUAL chance of happening
ex) P (rolling an even number) |
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Subjectibe Probability
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P(A) guess
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Rare Event Rule
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If under assumptions, the ptobality of ab event occuting os extremelt small. (.05)
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Probability of event A is denoted as
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P(A)
and is between 0 and 1 |
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