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:
    1. Axiom of Non-Negativity: P(A) ≥ 0 for any event A.
    2. Axiom of Unit Measure: P(S) = 1, where S is the sample space.
    3. 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:
    1. Axiom of Non-Negativity: P(A) ≥ 0 for any event A.
    2. Axiom of Unit Measure: P(S) = 1, where S is the sample space.
    3. 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.