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.
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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