Basic Probability Theory

Jul 30, 2012

420 likes | 571 Views

Share Presentation

Embed Code

Link

idola

Download Presentation

Basic Probability Theory

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

1. Basic Probability Theory

Basic Probability

Basic Probability. Theoretical versus Empirical. Theoretical probabilities are those that can be determined purely on formal or logical grounds, independent of prior experience.

980 views • 32 slides

Basic Probability

Basic Probability. Introduction. Probability is the study of randomness and uncertainty. In the early days, probability was associated with games of chance (gambling). . Simple Games Involving Probability.

821 views • 49 slides

Basic Probability

Basic Probability. With an Emphasis on Contingency Tables. Students in PSYC 2101. Skip to Slide # 7. . Random Variable. A random variable is real valued function defined on a sample space . The sample space is the set of all distinct outcomes possible for an experiment .

1.01k views • 79 slides

BASIC NOTIONS OF PROBABILITY THEORY

BASIC NOTIONS OF PROBABILITY THEORY. What probability theory is for. Suppose you’ve already texted the characters “There in a minu” You’d like your mobile phone to guess the most likely completion of “minu” rather than MINUET or MINUS or MINUSCULE

451 views • 22 slides

Basic Probability

Basic Probability. Refreshing Your Skills for Chapter 10. If you flip a coin, the probability that it lands with heads up is 1/2 . If you roll a standard die, the probability that it lands with either the 1 or the 3 up is 2/6 . In each fraction,

240 views • 10 slides

Basic Probability

Basic Probability. Frequency Theory. A mathematical approach to making the notion of “chance” rigorous. Best applied to processes which can be repeated many times , independently , and under the same conditions . Coin tossing Dice rolling (craps) Card games (blackjack, poker, etc.).

685 views • 47 slides

PROBABILITY THEORY

PROBABILITY THEORY. T Introduction to Probability T heory. History and Relevance of probability theory Probability theory began with the study of game of chance that were related to gambling, like throwing a die, drawing a card from a deck of card, tossing a coin , etc.

856 views • 43 slides

Basic Probability

Basic Probability. Unit 6 – probability . Warm Up. Look through your notes to answer the following questions Define Sample Set and describe the sample set of a standard dice. Describe the difference between an intersection and a Union. What notation is used?) Define complement.

459 views • 18 slides

Basic Probability

Basic Probability. Introduction. Probability is the study of randomness and uncertainty. In the early days, probability was associated with games of chance (gambling). Simple Games Involving Probability.

656 views • 49 slides

Basic Probability

Basic Probability. Chapter 7B. What is Probability?. Probability is the chance that something is the case or will happen Example: There are 5 color balls in a bag, 3 of them are red and 2 of them are blue. If we arbitrarily pick 2 balls out, what is the chance to pick the same color balls?.

2.89k views • 35 slides

Basic Probability

Basic Probability. Go to website below to see videoclip instructionals related to : Elements of Probability Venn Diagrams Mutually Exclusive Events Non-Mutually Exclusive Events http://www.bmlc.ca/Math40S/Pre-Calculus%20Math%2040s%20-%20Probability.html OR

172 views • 1 slides

Basic Probability

Basic Probability. xkcd.com. One last point from last Week: The Importance of Replication in Experiments. Probability. Are the things that we observe different from what would be expected by chance?. Why Probability Matters in Statistics.

415 views • 17 slides

Basic Probability

Basic Probability. Statistics 515 Lecture 04. Importance of Probability. Modeling randomness and measuring uncertainty Describing the distributions of populations Obtaining descriptive measures of populations Assessing uncertainty in the sampling process Inference from sample to population.

343 views • 20 slides

Basic probability theory

Basic probability theory. Professor Jørn Vatn. Event. Probability relates to events Let as an example A be the event that there is an operator error in a control room next year, and B be the event that there is a specific component failure next year i.e.: A = {operator error next year}

753 views • 42 slides

Basic Probability

Basic Probability. Permutations and Combinations: Permutations: Each separate arrangement of all or part of a set of items. The number of permutations is the number of different arrangements in which items can be placed. change order → different arrangement → different permutations.

163 views • 4 slides

Basic Probability

Basic Probability. Schaum’s Outlines of Probability and Statistics Chapter 1 Presented by Carol Dahl Examples by Claudianus Adjai. Outline of Topics. Powerful tools for analysis under uncertainty Topics Covered: Set & Set Operations Probabilities Counting Rule

451 views • 27 slides

Basic Probability

Basic Probability. Part 1: Mon, March 15 th. Review of Basic Probability. Formula for p = f / N Or… p = # possible ways to get outcome of interest total # possible outcomes Denominator (total # possible outcomes) also called “Sample Space” (S). (cont.).

158 views • 5 slides

Basic Probability

Chapter 4. Basic Probability. Objectives. The objectives for this chapter are: To understand basic probability concepts. To understand conditional probability To be able to use Bayes’ Theorem to revise probabilities To learn various counting rules. Basic Probability Concepts.

408 views • 36 slides

Basic Probability

301 views • 27 slides

Basic probability

Basic probability. Sample Space (S) : set of all outcomes of an experiment Event (E) : any collection of outcomes Probability of an event E, written as P(E) = The fraction of times the event E occurs out of large number trials. Properties. 1. 0≤P(E)≤1 for any event, E.

101 views • 6 slides

Basic Probability

Basic Probability. What are the chances that sales will decrease if we increase prices?. What is the likelihood a new assembly method method will increase productivity?. What are the odds that a new investment will be profitable?. Uncertainties.

757 views • 70 slides

More Related