Download presentation

Presentation is loading. Please wait.

Published bySharon Wymer Modified over 2 years ago

1
Copyright © 2006 Pearson Education, Inc. Publishing as Pearson Addison-Wesley Slide 14- 1

2
Copyright © 2006 Pearson Education, Inc. Publishing as Pearson Addison-Wesley Chapter 14 From Randomness to Probability

3
Copyright © 2006 Pearson Education, Inc. Publishing as Pearson Addison-Wesley Slide 14- 3 Dealing with Random Phenomena A random phenomenon is a situation in which we know what outcomes could happen, but we don’t know which particular outcome did or will happen.

4
Copyright © 2006 Pearson Education, Inc. Publishing as Pearson Addison-Wesley Slide 14- 4 Dealing with Random Phenomena For the pop quiz questions random guessing must be employed. The probability of a correct answer was one out of the number of responses offered. This concept of counting and dividing is the heart of computing probabilities.

5
Copyright © 2006 Pearson Education, Inc. Publishing as Pearson Addison-Wesley Slide 14- 5 Probability The probability of an event is its long-run relative frequency. While we may not be able to predict a particular individual outcome, we can talk about what will happen in the long run. For any random phenomenon, each attempt, or trial, generates an outcome. Something happens on each trial, and we call whatever happens the outcome. These outcomes are individual possibilities, like the number we see on top when we roll a die.

6
Copyright © 2006 Pearson Education, Inc. Publishing as Pearson Addison-Wesley Slide 14- 6 Probability (cont.) Sometimes we are interested in a combination of outcomes (e.g., a die is rolled and comes up even). A combination of outcomes is called an event. An experiment consists of randomly picking a card from a standard deck of playing cards (no jokers). Some possible outcomes of this experiment are listed below. A - The 8 of clubs is selected. B - A red card is selected. C - The Jack of hearts is not selected.

7
Copyright © 2006 Pearson Education, Inc. Publishing as Pearson Addison-Wesley Slide 14- 7 Probability (cont.) An experiment consists of watching ten different movies made after 1982 and recording if a Coke product appears in the film. List some possible outcomes of this experiment.

8
Copyright © 2006 Pearson Education, Inc. Publishing as Pearson Addison-Wesley Slide 14- 8 Probability (cont.) When thinking about what happens with combinations of outcomes, things are simplified if the individual trials are independent. Roughly speaking, this means that the outcome of one trial doesn’t influence or change the outcome of another. For example, coin flips are independent.

9
Copyright © 2006 Pearson Education, Inc. Publishing as Pearson Addison-Wesley Slide 14- 9 Probability (cont.) Two events A and B are disjoint or mutually exclusive if they cannot occur at the same time. example: Let an experiment consist of rolling a pair of fair dice. Consider the following events. A - The sum of the two dice is an even number. B - The sum of the two dice is an odd number. C - The sum of the two dice is 7. Are events A and B mutually exclusive? Explain. Are events A and C mutually exclusive? Explain. Are events B and C mutually exclusive? Explain.

10
Copyright © 2006 Pearson Education, Inc. Publishing as Pearson Addison-Wesley Slide 14- 10 The Law of Large Numbers The Law of Large Numbers (LLN) says that the long-run relative frequency of repeated independent events gets closer and closer to the true relative frequency as the number of trials increases. For example, consider flipping a fair coin many, many times. The overall percentage of heads should settle down to about 50% as the number of outcomes increases.

11
Copyright © 2006 Pearson Education, Inc. Publishing as Pearson Addison-Wesley Slide 14- 11 The Law of Large Numbers (cont.) The common (mis)understanding of the LLN is that random phenomena are supposed to compensate some for whatever happened in the past. This is just not true. For example, when flipping a fair coin, if heads comes up on each of the first 10 flips, what do you think the chance is that tails will come up on the next flip?

Similar presentations

OK

Slide 5- 1 Copyright © 2010 Pearson Education, Inc. Active Learning Lecture Slides For use with Classroom Response Systems Business Statistics First Edition.

Slide 5- 1 Copyright © 2010 Pearson Education, Inc. Active Learning Lecture Slides For use with Classroom Response Systems Business Statistics First Edition.

© 2017 SlidePlayer.com Inc.

All rights reserved.

Ads by Google

Ppt on eisenmenger syndrome image Ppt on road accidents in malaysia Ppt on asymptotic notation of algorithms and flow Ppt on self awareness in nursing Ppt on mobile computing pdf Ppt on wireless communication network Ppt on theme in literature Ppt on faculty development programmes Ppt on personal health record in cloud computing Ppt on trial and error meaning