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Ch 14-17 Probability Terms - Sample Space - Law of Large Numbers - Dependence - Mutually Exclusive/Disjoint - Simulation - Probability - Independence - Random
Ch 14-17 Probability Terms - Sample Space - Law of Large Numbers - Dependence - Mutually Exclusive/Disjoint - Simulation - Probability - Independence - Random A set of elements that represents all possible outcomes of a statistical experiment Two events that cannot ocurr at the same time The likelyhood of an event ocurring in a long series of repititions The probability of one event occurring influences the likelihood of the other event The probability that one event occurs in no way affects the probability of the other event occurring The idea that the relative frequency of an event will converge on the probability of the event - as the number of trials increases Using random numbers to represent the probability of real world situations Individual outcomes are uncertain - but in the long run a uniform distribution of outcomes emerges - Random Variable - Discrete Random Variable - Expected Value - Geometric Distribution - Binomial Distribution - Continuous Random Variable An experiment with a fixed number of independent trials - each of which can only have two possible outcomes A random variable that can take on any value within a range of values a predicted value of a variable
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