PPT-Probability

Using dice One Die Chance of rolling a 6 with single die p 16 Chance of not rolling a 6 p 1p Two Die Chance of rolling double 6s with two die p 1616 136 Chance of not rolling a double 6s . A brief digression back to . joint probability: . i.e. . both events . O. . and. . H. occur. .  . Again, we can express joint probability in terms of their separate conditional and unconditional probabilities. Assigning Probabilities and Probability Relationships. Chapter 4. BA 201. Assigning Probabilities. Assigning Probabilities. Basic Requirements for Assigning Probabilities. 1. The probability assigned to each experimental. AS91585. The language of probability questions. .. Section One. The question, "Do you smoke?" was asked of 100 people. . .. Yes. No. Total. Male. 19. 41. 60. Female. 12. 28. 40. Total. 31. 69. 100. The results are shown in the table.. and Independence . in the Common Core. CMC Annual Conference. Palm Springs, CA. November, 2013.   . Josh Tabor. Canyon del Oro High School. joshtabor@hotmail.com. From the . Common Core State Standards. http://mikeess-trip.blogspot.com/2011/06/gambling.html. 1. Uses of Probability. Gambling. Business. Product preferences of consumers. Rate of returns on investments. Engineering. Defective parts. Physical Sciences. Coins game. Toss 3 coins. You win if . at least two . come out heads. S. = { . HHH. , . HHT. , . HTH. , . HTT. , . T. HH. , . T. HT. , . T. TH. , . T. TT. }. equally likely outcomes. W. = { . HHH. Joyeeta Dutta-Moscato. May 24, 2016. There are three kinds of lies: lies, damned lies and statistics. . - Mark Twain, attributed to Disraeli. Sample vs population. Central tendency: Mean, median, mode. Random Variables. Definition:. A rule that assigns one (and only one) numerical value to each simple event of an experiment; or. A function that assigns numerical values to the possible outcomes of an experiment.. 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.. Conditional Probability. Conditional Probability: . A probability where a certain prerequisite condition has already been met.. Conditional Probability Notation. The probability of Event A, given that Event B has already occurred, is expressed as P(A | B).. 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 . 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 . 4. Interpret probability as a long-run relative frequency. . Dispel . common myths about randomness.. Use . simulation to model chance behavior.. Randomness, Probability, and Simulation. Randomness, Probability, and Simulation.