1、basic concepts and properties of probability Random variable Outcomes Event Mutually exclusive events互斥事件 Exhaustive events 穷举事件 Independent events 独立事件 Dependent events 飞独立事件 2、types of probability Empirical probability 经验概率 根据历史数据得出的发生概率 Priori probability先验概率 基于逻辑...
large biological data analysis - probability concepts and statistical distributionsBayes's theorem - conditional probability and independencerandom variables (r.v) - types and distributionSummary This chapter contains sections titled: Introduction Basic Concepts Conditional Probability and Independence Random ...
Both are types of the discrete probability distribution that obtains the probability of success in an outcome. The outcomes in each distribution are independent. Bernoulli distribution is a distribution with only two possible outcomes; “yes” with probability p and “no” with probability 1-p. For...
Probability is used in finance to calculate the risks and potential rewards of different investments. By analyzing historical data and projecting future trends, investors can calculate the probability of a stock or other investment increasing in value, and use this information to make more informed de...
To understand each of these types, click on the respective links.Terminology of Probability TheoryThe following terms in probability theorey help in a better understanding of the concepts of probability.Experiment: A trial or an operation conducted to produce an outcome is called an experiment....
2.1SampleSpacesandEvents Randomexperiment Anexperimentisanyactionorprocessthatgeneratesobservations.Forexamples,tossingacoinonceorseveraltimes,selectingacardorcardsfromadeck,weighingaloafofbread,ascertainingthecommutingtimefromhometoworkonparticularmorning,obtainingbloodtypesfromagroupofindividuals,etc.Samplespaceandsample...
You may have had some experience with probability using coins, cards, and dice. What is the probability that when you flip a coin you get heads? What is the probability that when you roll the dice you get doubles? We can answer these types of probability questions without collecting...
Continuous probability concepts are properties that imply that there is no mathematical limit to the possible outcomes. Learn how to apply continuous probability concepts to problem solving, and learn the different types of distribution. Sports & Math Have you ever competed in a marathon? Many...
Learn the essential probability rules, formulas, and notation. See how symbolic probability translates into words and how concepts are notated with...
Continuous probability distributions generally appear as a curve or a line on a graph because the data under the line is continuous and not finite. What Are the Types of Discrete Distribution? The most common discrete distributions used by statisticians or analysts include the binomial, Poisson, Be...