Flashcards: Fundamentals of Probability and Distributions — 10 cartões

Probability — definition?

A measure of likelihood between 0 and 1.

Probability — definition?

Likelihood of an event occurring, between 0 and 1.

Sample Space — role?

Contains all possible outcomes of an experiment.

Sample space — role?

Contains all possible outcomes of an experiment.

Conditional Probability — mechanism?

Updates likelihood of an event given another has occurred.

Conditional probability — meaning?

Probability of A given B has occurred.

Independence — occurs when?

Occurrence of one event doesn't affect the other.

Random variables — purpose?

Assign numerical values to outcomes.

Discrete vs continuous — difference?

Discrete takes countable values, continuous any value in an interval.

Expectation and variance — significance?

Measure central tendency and spread of distribution.