Monday, June 25, 2012

SAMPLE SPACES AND PROBABILITY

Probability- is a filed of mathematics that deals with chance.
  • Probability Experiment- a chance process that leads to well- defined results called outcome.
  • Trial- each repetition of an experiment.
  • Outcome- is a result of a single trial of a probability experiment.
  • Sample Space- is a set of all possible outcomes of a probability experiment.
  • Event- consists of a set of outcomes of a probability experiment.
  • Simple Event- an event with one outcome.
  • Compound Event- an event e\with two or more outcomes.
  • Tree Diagram- another way to find all possible outcomes of a probability. A tree diagram is a device consisting of line segments emanating from a starting point.
Three Basic Interpretation of Probability 

1. Classical Probability- assume that all outcomes in the sample space are equally likely to occur.  



2. Empirical Probability- relies on actual experience to determine the likelihood of an outcome.


 3. Subjective Probability- uses probability value based on educated guess or estimate, employing opinions and inexact information.

By; J-Lynn B. Ramos






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