PPT-Intro to Probability

Martina Litschmannová m artinalitschmannova vsbcz K210 Probability basics Statistical random experiment A r andom experiment is an action or process that leads to one of several possible outcomes . Mr. Bernstein. September 29, . 2014. Intro to Marketing. Mr. Bernstein. What is Alibaba?. Amazon, Ebay. . and. Paypal rolled into one. 90%+ market share in China, growing in Emerging Markets. Offers global reach. We are flipping 3 coins and the outcomes are represented by a string of H’s and T’s (HTH, etc.). . How many elements are there in the sample space?. Express the event “There are more heads than tails” as a set.. Topics. CS1020. Intro Workshop - . 2. Login to UNIX operating system. ……………………………………. ……………………………………. ……………………………………. We are flipping 3 coins and the outcomes are represented by a string of H’s and T’s (HTH, etc.). . How many elements are there in the sample space?. Express the event “There are more heads than tails” as a set.. Probability Terminology. Classical Interpretation. : Notion of probability based on equal likelihood of individual possibilities (coin toss has 1/2 chance of Heads, card draw has 4/52 chance of an Ace). Origins in games of chance.. 4. Introduction. (slide 1 of 3). A key . aspect of solving real business problems is dealing appropriately with uncertainty.. This involves recognizing explicitly that uncertainty exists and using quantitative methods to model uncertainty.. What we learned last class…. We are not good at recognizing/dealing with randomness. Our “random” coin flip results weren’t streaky enough.. If B/G results behave like independent coin flips, we know how many families to EXPECT with 0,1,2,3,4 girls.. Probability is used all of the time in real life. Gambling . Sports. Weather. Insurance. Medical Decisions. Standardized Tests. And others. Definition of Probability. “The . likelihood of something . Slide . 2. Probability - Terminology. Events are the . number. of possible outcome of a phenomenon such as the roll of a die or a fillip of a coin.. “trials” are a coin flip or die roll. Slide . Sixth Edition. Douglas C. Montgomery George C. . Runger. Chapter 2 Title and Outline. 2. 2. Probability. 2-1 Sample Spaces and Events . 2-1.1 Random Experiments. 2-1.2 Sample Spaces . A value between zero and one that describe the relative possibility(change or likelihood) an event occurs.. The MEF announces that in 2012 the change Cambodia economic growth rate is equal to 7% is 80%.. Lesson 7 . Piano Man Jazz Intro and Accidentals In this lesson, you will review some piano staff basics and discover how accidentals (sharps, flats, and naturals) affect notes while you learn the Piano Man Jazz Intro. Probability and Probability Distribution Dr Manoj Kumar Bhambu GCCBA-42, Chandigarh M- +91-988-823-7733 mkbhambu@hotmail.com Probability and Probability Distribution: Definitions- Probability Rules –Application of Probability calculus. 1 ≥ . Pr. (h) ≥ 0. If e deductively implies h, then Pr(h|e) = 1. .. (disjunction rule) If h and g are mutually exclusive, then . Pr. (h or g) = . Pr. (h) + . Pr. (g). (disjunction rule) If h and g are .