Probability
- Introduction to probability
- Types of probability
- Probability of an event
- Probability of the complement of an event
- Addition rule of probability
Probability - Addition Rule
- Addition rule of probability for mutually exclusive events
- Addition rule of probability for non-mutually exclusive events
- Examples of addition rule
Probability - Multiplication Rule
- Multiplication rule of probability for independent events
- Multiplication rule of probability for dependent events
- Examples of multiplication rule
Probability - Conditional Probability
- Introduction to conditional probability
- Definition of conditional probability
- Calculation of conditional probability
- Example of conditional probability
- Relationship between conditional probability and independence
Probability - Bayes’ Theorem
- Introduction to Bayes’ theorem
- Definition of Bayes’ theorem
- Calculation of Bayes’ theorem
- Example of Bayes’ theorem
- Application of Bayes’ theorem
Probability - Random Variables
- Introduction to random variables
- Discrete random variables
- Continuous random variables
- Probability distribution of a random variable
- Expected value of a random variable
Probability - Probability Distribution
- Introduction to probability distribution
- Discrete probability distribution
- Continuous probability distribution
- Examples of probability distribution
Probability - Binomial Distribution
- Introduction to binomial distribution
- Properties of binomial distribution
- Calculation of binomial probability
- Example of binomial distribution
- Application of binomial distribution
Probability - Poisson Distribution
- Introduction to Poisson distribution
- Properties of Poisson distribution
- Calculation of Poisson probability
- Example of Poisson distribution
- Application of Poisson distribution
Probability - Drawbacks of Empirical Definition of Probability
- The empirical definition of probability is based on the relative frequency of an event occurring in a large number of trials.
- Drawback 1: It requires a large number of trials to achieve accurate results. This can be impractical or time-consuming in real-life scenarios.
- Drawback 2: It assumes that all trials are independent and identically distributed. In reality, many events are dependent on each other.
- Drawback 3: It does not provide a theoretical foundation for probability. It is merely an approximation based on observations.
- Drawback 4: It cannot be used to calculate the probability of events that have not been observed before.
- Drawback 5: It does not account for subjective beliefs or personal judgments in the determination of probability.
Probability - Classical Definition of Probability
- The classical definition of probability is based on the assumption of equally likely outcomes in a sample space.
- It is applicable only to situations where all outcomes are equally likely.
- The probability of an event A is given by the ratio of the number of favorable outcomes to the total number of outcomes in the sample space.
- Formula: P(A) = N(A) / N(S)
- N(A) represents the number of favorable outcomes for event A.
- N(S) represents the total number of outcomes in the sample space.
- Example: Tossing a fair coin has two equally likely outcomes - heads or tails. The probability of getting heads is 1/2, and the probability of getting tails is also 1/2.
Probability - Relative Frequency Definition of Probability
- The relative frequency definition of probability is based on the relative frequency of an event occurring in a long-run series of observations.
- It assumes that the probability of an event is equal to the limit of the relative frequency of that event.
- The probability of an event A is calculated by dividing the number of times event A occurs by the total number of trials.
- Formula: P(A) = lim (n -> ∞) N(A) / n
- Example: Rolling a fair six-sided die. After rolling the die 600 times, if we observe that 100 times the number 3 comes up, then the relative frequency of getting 3 is 100/600, which can be considered as the probability of getting a 3.
Probability - Axiomatic Definition of Probability
- The axiomatic definition of probability is based on a set of mathematical axioms and rules.
- It provides a theoretical foundation for probability and is widely used in probability theory.
- The probability of an event A is a non-negative real number that satisfies the following three axioms:
- Axiom of Non-Negativity: P(A) ≥ 0 for any event A.
- Axiom of Unit Measure: P(S) = 1, where S is the sample space.
- Axiom of Countable Additivity: For any countable sequence of mutually exclusive events A_1, A_2, …, P(A_1 ∪ A_2 ∪ …) = P(A_1) + P(A_2) + …
- The axiomatic definition allows for more flexibility and generalizations compared to other definitions.
- Example: The probability of rolling a fair six-sided die and getting an odd number is 1/2.
Probability - Drawbacks of Empirical Definition of Probability
- The empirical definition of probability is based on the relative frequency of an event occurring in a large number of trials.
- Drawback 1: It requires a large number of trials to achieve accurate results. This can be impractical or time-consuming in real-life scenarios.
- Drawback 2: It assumes that all trials are independent and identically distributed. In reality, many events are dependent on each other.
- Drawback 3: It does not provide a theoretical foundation for probability. It is merely an approximation based on observations.
- Drawback 4: It cannot be used to calculate the probability of events that have not been observed before.
- Drawback 5: It does not account for subjective beliefs or personal judgments in the determination of probability.
Probability - Classical Definition of Probability
- The classical definition of probability is based on the assumption of equally likely outcomes in a sample space.
- It is applicable only to situations where all outcomes are equally likely.
- The probability of an event A is given by the ratio of the number of favorable outcomes to the total number of outcomes in the sample space.
- Formula: P(A) = N(A) / N(S)
- N(A) represents the number of favorable outcomes for event A.
- N(S) represents the total number of outcomes in the sample space.
- Example: Tossing a fair coin has two equally likely outcomes - heads or tails. The probability of getting heads is 1/2, and the probability of getting tails is also 1/2.
Probability - Relative Frequency Definition of Probability
- The relative frequency definition of probability is based on the relative frequency of an event occurring in a long-run series of observations.
- It assumes that the probability of an event is equal to the limit of the relative frequency of that event.
- The probability of an event A is calculated by dividing the number of times event A occurs by the total number of trials.
- Formula: P(A) = lim (n -> ∞) N(A) / n
- Example: Rolling a fair six-sided die. After rolling the die 600 times, if we observe that 100 times the number 3 comes up, then the relative frequency of getting 3 is 100/600, which can be considered as the probability of getting a 3.
Probability - Axiomatic Definition of Probability
- The axiomatic definition of probability is based on a set of mathematical axioms and rules.
- It provides a theoretical foundation for probability and is widely used in probability theory.
- The probability of an event A is a non-negative real number that satisfies the following three axioms:
- Axiom of Non-Negativity: P(A) ≥ 0 for any event A.
- Axiom of Unit Measure: P(S) = 1, where S is the sample space.
- Axiom of Countable Additivity: For any countable sequence of mutually exclusive events A_1, A_2, …, P(A_1 ∪ A_2 ∪ …) = P(A_1) + P(A_2) + …
- The axiomatic definition allows for more flexibility and generalizations compared to other definitions.
- Example: The probability of rolling a fair six-sided die and getting an odd number is 1/2.