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10/13/2013

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INSTRUCTOR: EL JIREH P. BIBANGCO
""
The probable is what usually happens." The probable is what usually happens."
--
AristotleAristotle

INSTRUCTOR: EL JIREH P. BIBANGCO
Learning ObjectivesLearning Objectives
In this chapter you will learn about:In this chapter you will learn about:
Emperical and Subjective ProbabilityEmperical and Subjective Probability
Tree DiagramsTree Diagrams
Probability DistributionsProbability Distributions
Mean and Standard DeviationMean and Standard Deviation

INSTRUCTOR: EL JIREH P. BIBANGCO
Empirical ProbabilityEmpirical Probability
D
efinition:
D
efinition:
usesuses
frequency distributionfrequency distribution
totocompute probabilities for situations that do notcompute probabilities for situations that do notuse sample spaces.use sample spaces.
Suppose a class of students consists of 4 freshmen,Suppose a class of students consists of 4 freshmen,8 sophomores, 6 juniors, and 7 seniors:8 sophomores, 6 juniors, and 7 seniors:
P(
)
= frequency of
z
sum of frequencies
P(J)
= 6 / 25

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