Introduction to Probability
Statistical experiment
A process designed and conducted to obtain data under a controlled or an uncontrolled background. The outcome depends purely on chance.
Experimental data
The data gathered from a statistical experiment.
Sample Space
Set of all possible outcomes of a statistical
experiment. Denoted by
Sample Point
An element of the sample space.
Event
A subset of the sample space.
Mutually Exclusive
Two events are said to be mutually exclusive iff they have no sample points in common.
Independent
Two events are said to be independent iff the occurence of one does not affect the probability of the occurence of the other.
Complement
Complement of the event
Union
Union of two or more events, is the event containing all sample points that belong to any one of the events.
Intersection
Intersection of two or more events, is the event containing all sample points that belong to all of the events.
Outcome
A possible result of a statistical experiment.
Discrete
Outcomes that can take on only specific, distinct values. For example:
- the number of students in a class
- the result of a dice roll
- the count of defective items in a batch
Continuous
Outcomes that can take on any value within a range. For example:
- height
- weight
- time
- temperature measurements.
For all the definitions below, consider
Probability of an event
Can be in the range
Marginal probability
The probability of an event occurring without any additional information or conditions from other events. Useful when dealing with joint probability distributions and when analyzing how events relate to each other.
Conditional probability
The probability of an event
Where:
is the conditional probability of given is the joint probability of both and occurring is the probability of event occurring
Probability assessments can be updated when new information becomes available through conditional probability. It is particularly useful in scenarios where events are dependent on one another.