Section 6.2: Definition of Probability. Probability of an event E denoted P(E) is the ratio of the number of outcomes favorable to E to the total number.

Slides:



Advertisements
Similar presentations
Unit 3: Probability 3.1: Introduction to Probability
Advertisements

Probability Denoted by P(Event) This method for calculating probabilities is only appropriate when the outcomes of the sample space are equally likely.
7 Probability Experiments, Sample Spaces, and Events
Introduction to Probability
From Randomness to Probability
Unit 4 Sections 4-1 & & 4-2: Sample Spaces and Probability  Probability – the chance of an event occurring.  Probability event – a chance process.
MAT 103 Probability In this chapter, we will study the topic of probability which is used in many different areas including insurance, science, marketing,
Chapter 4 Nutan S. Mishra Department of Mathematics and Statistics University of South Alabama.
Chapter 7 Sets & Probability Section 7.4 Basic Concepts of Probability.
Learning Objectives for Section 8.1 Probability
Chapter 7 Probability 7.1 Experiments, Sample Spaces, and Events
Section 1 Sample Spaces, Events, and Probability
BCOR 1020 Business Statistics Lecture 6 – February 5, 2007.
Chapter 4 Using Probability and Probability Distributions
Probability.
1 Probability Parts of life are uncertain. Using notions of probability provide a way to deal with the uncertainty.
Randomness and Probability
Overview 5.1 Introducing Probability 5.2 Combining Events
“Baseball is 90% mental. The other half is physical.” Yogi Berra.
Probability.
EXIT NEXT Click one of the buttons below or press the enter key BACKTOPICSProbability Mayeen Uddin Khandaker Mayeen Uddin Khandaker Ph.D. Student Ph.D.
Sample space The set of all possible outcomes of a chance experiment –Roll a dieS={1,2,3,4,5,6} –Pick a cardS={A-K for ♠, ♥, ♣ & ♦} We want to know the.
Probability Denoted by P(Event) This method for calculating probabilities is only appropriate when the outcomes of the sample space are equally likely.
1 Probability. 2 Today’s plan Probability Notations Laws of probability.
Chapter 6 Lesson 6.2 Probability 6.2: Definition of Probability.
Probability Distributions. Essential Question: What is a probability distribution and how is it displayed?
©The McGraw-Hill Companies, Inc. 2008McGraw-Hill/Irwin A Survey of Probability Concepts Chapter 5.
LECTURE 15 THURSDAY, 15 OCTOBER STA 291 Fall
Seminar 7 MM150 Bashkim Zendeli. Chapter 7 PROBABILITY.
1.3 Simulations and Experimental Probability (Textbook Section 4.1)
Lesson 6 – 2b Probability Models Part II. Knowledge Objectives Explain what is meant by random phenomenon. Explain what it means to say that the idea.
Chapter 7 Probability. 7.1 The Nature of Probability.
Basic Concepts of Probability Coach Bridges NOTES.
1 © 2008 Brooks/Cole, a division of Thomson Learning, Inc. Chapter 6 Probability.
1 RES 341 RESEARCH AND EVALUATION WORKSHOP 4 By Dr. Serhat Eren University OF PHOENIX Spring 2002.
Lesson Probability Rules. Objectives Understand the rules of probabilities Compute and interpret probabilities using the empirical method Compute.
© 2010 Pearson Education, Inc. All rights reserved Chapter 9 9 Probability.
Slide Slide 1 Fundamentals of Probability. Slide Slide 2 A chance experiment is any activity or situation in which there is uncertainty about which of.
Basic Concepts of Probability
Chapter 12 Section 1 - Slide 1 Copyright © 2009 Pearson Education, Inc. AND.
Lecture 6 Dustin Lueker.  Standardized measure of variation ◦ Idea  A standard deviation of 10 may indicate great variability or small variability,
+ Chapter 5 Overview 5.1 Introducing Probability 5.2 Combining Events 5.3 Conditional Probability 5.4 Counting Methods 1.
Introduction Remember that probability is a number from 0 to 1 inclusive or a percent from 0% to 100% inclusive that indicates how likely an event is to.
5-Minute Check on Section 6-2a Click the mouse button or press the Space Bar to display the answers. 1.If you have a choice from 6 shirts, 5 pants, 10.
Chapter 4 Probability Concepts Events and Probability Three Helpful Concepts in Understanding Probability: Experiment Sample Space Event Experiment.
Unit 4 Section 3.1.
Chapter 8 Probability Section 1 Sample Spaces, Events, and Probability.
Probability. Definitions Probability: The chance of an event occurring. Probability Experiments: A process that leads to well- defined results called.
AP Statistics From Randomness to Probability Chapter 14.
1 What Is Probability?. 2 To discuss probability, let’s begin by defining some terms. An experiment is a process, such as tossing a coin, that gives definite.
Essential Ideas for The Nature of Probability
Mathematics Department
Elementary Probability Theory
What Is Probability?.
Probability Rules.
Chapter 4 Probability Concepts
Chapter 6 6.1/6.2 Probability Probability is the branch of mathematics that describes the pattern of chance outcomes.
7.2 Definition of Probability
AND.
Applicable Mathematics “Probability”
Probability II.
The Nature of Probability
PROBABILITY AND STATISTICS
STA 291 Spring 2008 Lecture 6 Dustin Lueker.
Probability II.
Honors Statistics From Randomness to Probability
Chapter 6: Probability: What are the Chances?
Probability II.
6.1 Sample space, events, probability
Presentation transcript:

Section 6.2: Definition of Probability

Probability of an event E denoted P(E) is the ratio of the number of outcomes favorable to E to the total number of outcomes in the sample space: This method is appropriate only when the outcome is equally likely

Example: Calling the Toss On some football teams, the honor of calling the toss at the beginning of a football game is determined by random selection. Suppose that this week a member of the offensive team will call the toss. There are 5 interior linemen on the 11-player offensive team. If we define the event L as the event that lineman is selected to call the toss, 5 of the 11 possible outcomes are included in L. The probability that a lineman will be selected is then P(L) = 5/11

Example: Math Contest Four students (Adam, Betty, Carlos, and Debra) submitted correct solutions to a math contest with two prizes. The contest rules specify that if more than two correct responses are submitted, the winners will be selected at random from those submitting correct responses. In this case, the set of possible outcomes for the chance experiment that consists of selecting the two winners from the four correct responses is: {(A,B), (A,C), (A,D), (B,C), (B,D), (C,D)}

Because the winners are selected at random, the six outcomes are equally likely and the probability of each individual outcome is 1/6. Let E be the event that both selected winners are the same gender. Then: E = {(A,C), (B,D)}

Because E contains two outcomes, P(E)=2/6 =.333. If F denotes the event that at least one of the selected winners is female, the F consists of all outcomes except (A,C) and P(F) = 5/6 =.833

Probability – Empirical Approach Law of large numbers – As the number of repetitions of a chance experiment increases, the chance that the relative frequency of occurrence for an event will differ from the true probability of the event by more than any small number approaches 0.

Relative Frequency Approach to Probability The probability of an event E, denoted by P(E) is defined to be the value approached by the relative frequency of occurrence of E in a very long series of trials of a chance experiment. Thus, if the number of trials is quite large,

Methods for Determining Probability 1.The classical approach: Appropriate for experiments that can be described with equally likely outcomes. 2.The subjective approach: Probabilities represent an individual’s judgment based on facts combined with personal evaluation of other information. 3.The Relative Frequency Approach: An estimate is based on an accumulation of experimental results. This estimate, usually derived empirically, presumes a replicable chance experiment.

Section 6.3: Basic Properties of Probability

Basic Properties of Probability For any event E, 0  P(E)  1. If S is the sample space for an experiment, P(S)=1. If two events E and F are disjoint, then P(E or F) = P(E) + P(F). For any event E, P(E) + P(not E) = 1 so, P(not E) = 1 – P(E) and P(E) = 1 – P(not E).

Property One: Suppose we are flipping a bottle cap to find the success of caps landing face up. Suppose that after N times, we have x successes. What are the possible values of x? The least amount it can be is 0. The most it could be is N. The relative frequency between them is 0 to 1.

Property Two: Because the probability of any event is the proportion of time an outcomes in the event will occur in the long run and because the sample space consists of all possible outcomes for a chance experiment, in the long run an outcome in S must occur 100% of the time. Thus P(S)=1

Example: Cash or Credit? Customers at a certain department store pay for purchases with either cash or one of four types of credit card. Store records, kept for a long period of time, indicate that 30% of all purchases involve cash, 25% are made with the store’s own credit card, 18% with MasterCard (MC), 15% with Visa (V), and the remaining 12% with American Express (AE). The following table displays the probabilities of the simple events for the chance experiment in which the mode of payment for a randomly selected transaction is observed:

Simple event O 1 (Cash) O 2 (Store) O 3 (MC) O 4 (V) O 5 (AE) Probability Let’s create event E, the event a randomly selected purchase is made with a nationally distributed credit card. This event consists of the outcomes MC, V, and AE. Therefore, P(E)=P(0 3 ∪ O 4 ∪ O 5 )=P(0 3 )+P(O 4 )+P(O 5 )= =.45 45% of all purchases are made using one of the three national cards.

In addition, P(not E) = 1 – P(E) = =.55 You could also say that not E consists of outcomes 1 and 2 with is =.55

Calculating Probabilities When Outcomes are Equally Likely Consider an experiment that can result in any one of N possible outcomes. Denote the corresponding simple events by O 1, O 2,… O n. If these simple events are equally likely to occur, then

Example: How likely is it you will be the mayor in Mafia? Consider the experiment consisting of randomly picking a card from an ordinary deck of playing cards (52 card deck). Let A stand for the event that the card chosen is a King.

Addition Rule for Disjoint Events Let E and F be two disjoint events. One of the basic properties of probability is P(E or F) = P(E ∪ F) = P(E) + P(F) This property of probability is known as the addition rule for disjoint events.

Example Consider the experiment consisting of rolling two fair dice and observing the sum of the up faces. Let E stand for the event that the sum is 7 and F stand for the event that the sum is 11.