Transcription of Chapter 4: Probability and Counting Rules
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Chapter 4: Probability and Counting Rules Before we can move from descriptive statistics to inferential statistics, we need to have some understanding of Probability : Ch4: Probability and Counting Rules Santorico Page 98. Section 4-1: Sample Spaces and Probability Probability - the likelihood of an event occurring. Probability experiment a chance process that leads to well- defined results called outcomes. ( , some mechanism that produces a set of outcomes in a random way). Outcome the result of a single trial of a Probability experiment.
Ch4: Probability and Counting Rules Santorico – Page 106 There are three basic interpretations or probability: 1. Classical probability 2. Experimental or relative frequency probability 3. Subjective probability Theoretical (Classical) Probability – uses sample spaces to determine the numerical probability that an event will happen.
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