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What is the equation used to determine probability in what ways can probability be expressed?
Probability = number of times an event is expected to happen / number of opportunities for an event to happen It can be expressed as a percentage or a fraction.
What is the multiplication rule?
States that to determine a probability, we multiply the probability of one event by the probability of the other event. Ex: Probability that two coins will land face heads up is 1/2 x 1/2 = 1/4 .
What type of probability used sample spaces to determine the numerical probability that an event will occur?
Discrete probability. It helps if the all the outcomes in the sample space are equally probable but that is not a necessity.
What is the event if the probability will equal 1?
It is the probability of an event that will definitely happen.
What Key word do you associate with sequence of events and what rules of probability do you use?
The key word that I use is causality. However, you cannot use probability to determine causality. Even if two events are highly correlated, probability theory cannot tell whether event A is caused by event B, or event B is caused by event A, or that both are caused by some third event that is not even part of the study.
What is the definition of theoretical probability?
Theoretical probability is the probability of an event when all outcomes are equally likely. With theoretical probability, you determine the probability by dividing the number of ways the event can occur by the total number of equally likely outcomes.
What is the equation used to determine probability in what ways can the probability be expressed?
Probability = number of times an event is expected to happen / number of opportunities for an event to happen It can be expressed as a percentage or a fraction.
What is the equation used to determine probability in what ways can probability be expressed?
Probability = number of times an event is expected to happen / number of opportunities for an event to happen It can be expressed as a percentage or a fraction.
What type of probability is when it uses sample spaces to determine the numerical probalitiy that an event will happen?
Classical Probability!
What help determine the chance that something will occur?
Probability is a field of mathematics that helps determine the likelihood of something happening.
What type of probability uses a knowledge of sample spaces as opposed to experiments to determine the numerical probability that an event will occur?
Theoretical probability.
Which two factors determine the risk level?
Probability of the occurrence and severity of the event.
A probability of 1 means an event is?
100% going to occur.
What is the multiplication rule?
States that to determine a probability, we multiply the probability of one event by the probability of the other event. Ex: Probability that two coins will land face heads up is 1/2 x 1/2 = 1/4 .
What is the probability of an event b that impossible?
The probability of an impossible event is 0.The probability of an impossible event is 0.The probability of an impossible event is 0.The probability of an impossible event is 0.
What type of probability used sample spaces to determine the numerical probability that an event will occur?
Discrete probability. It helps if the all the outcomes in the sample space are equally probable but that is not a necessity.
What is the probablity of an event that is impossible?
The probability of an impossible event is 0.The probability of an impossible event is 0.The probability of an impossible event is 0.The probability of an impossible event is 0.
