This document defines key terms related to counting techniques and elementary probability theory such as permutation, combination, and probability. It explains that probability is a numerical measure between 0 and 1 that indicates the likelihood of an event occurring, with values closer to 1 meaning the event is more likely. It also outlines the law of large numbers and defines statistical experiments, events, and that the sum of probabilities of all simple events in a sample space must equal 1.
This document defines key terms related to counting techniques and elementary probability theory such as permutation, combination, and probability. It explains that probability is a numerical measure between 0 and 1 that indicates the likelihood of an event occurring, with values closer to 1 meaning the event is more likely. It also outlines the law of large numbers and defines statistical experiments, events, and that the sum of probabilities of all simple events in a sample space must equal 1.
This document defines key terms related to counting techniques and elementary probability theory such as permutation, combination, and probability. It explains that probability is a numerical measure between 0 and 1 that indicates the likelihood of an event occurring, with values closer to 1 meaning the event is more likely. It also outlines the law of large numbers and defines statistical experiments, events, and that the sum of probabilities of all simple events in a sample space must equal 1.
CHAPTER 4 – COUNTING TECHNIQUES AND ELEMENTARY PROBABILITY
THEORY
TERMS DEFINITIONS REMARKS
PERMUTATION Permutation is the arrangement of items in which orders matters. Numbers of ways of selection and arrangement of items in which orders matters. COMBINATION Combination is the selection of items in which order does not matters. Number of ways of selection of items in which order does not matters. To calculate combinations, we will use the formula nCr=n! / r! * (n – r)!, where n represents the total number of items being chosen at a time. 4.1 WHAT IS PROBABILITY? PROBABILITY Is a numerical measure between 0 and 1 that describes the likelihood that event will occur. Probabilities closer to 1 indicate that the event is more likely to occur. Probabilities closer to 0 indicate that the event is less likely to occur. LAW OF LARGE NUMBERS In long run, as the sample size increases and increases, the relative frequencies of outcomes get closer to the theorical (or actual) probability value. STATISTICAL A statistical experiment or statistical EXPERIEMENT observation can be though of as any random activity that results in definite outcome. EVENT An event is a collection of one or more outcomes of a statistical SIMPLE EVENT A simple is one SUM THE SUM OF THE PROBABILITIES OF ALL SIMPLE EVENTS IN A SAMPLE SPACE MUST EQUAL 1.