Chapter 3 Probability. 3.1 Basic Concepts of Probability I.Probability Experiments Probability is the foundation of inferential statistics Probability.

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Presentation transcript:

Chapter 3 Probability

3.1 Basic Concepts of Probability I.Probability Experiments Probability is the foundation of inferential statistics Probability Experiment: Outcome:

Sample Space: Event: Tree Diagram: Now do p119 TIY#1

Simple Event: Now do p119 TIY#2

II.Types of Probability P(E) = the probability of event E Classical Probability: Now do p120 TIY#3 Empirical Probability: Now do p121 TIY#4

Law of Large Numbers: Now do TIY#5 Subjective Probability: Now do TIY#6

Range of Probabilities Rule: III.Complementary Events The sum of all probabilities in a sample space is 1 Complement of Event E: Now do p124 TIY#7

Homework Pages 125 – 128 #2 – 32 even

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