Statistics

3 flashcards · Mathematics · by Howard Su

1. What is probability theory?

   _ analysis of random phenomena _ outcome of a random event cannot be determined before it occurs; may be one of several possible outcomes _ actual outcome determined by chance

2. What is probability?

   _ measure of likelihood that an event will occur _ quantified between 0 (impossible) and 1 (certainty)

3. What is probability of an event A?

   _ expected or estimated relative frequency of A in a large number of trials (procedure leads to outcome(s))