Chapter 10 - Introducing Probability

Slides:



Advertisements
Similar presentations
Business Statistics for Managerial Decision
Advertisements

A.P. STATISTICS LESSON 7 – 1 ( DAY 1 ) DISCRETE AND CONTINUOUS RANDOM VARIABLES.
CHAPTER 6 Random Variables
CHAPTER 10: Introducing Probability
Chapter 9 Introducing Probability - A bridge from Descriptive Statistics to Inferential Statistics.
Stat 1510: Introducing Probability. Agenda 2  The Idea of Probability  Probability Models  Probability Rules  Finite and Discrete Probability Models.
7.1 Discrete and Continuous Random Variable.  Calculate the probability of a discrete random variable and display in a graph.  Calculate the probability.
Applied Business Forecasting and Regression Analysis Review lecture 2 Randomness and Probability.
Chapter 6 Random Variables
5.3 Random Variables  Random Variable  Discrete Random Variables  Continuous Random Variables  Normal Distributions as Probability Distributions 1.
Lecture PowerPoint Slides Basic Practice of Statistics 7 th Edition.
CHAPTER 10: Introducing Probability ESSENTIAL STATISTICS Second Edition David S. Moore, William I. Notz, and Michael A. Fligner Lecture Presentation.
Lecture PowerPoint Slides Basic Practice of Statistics 7 th Edition.
MATH 2400 Ch. 10 Notes. So…the Normal Distribution. Know the 68%, 95%, 99.7% rule Calculate a z-score Be able to calculate Probabilities of… X < a(X is.
Essential Statistics Chapter 91 Introducing Probability.
CHAPTER 10 Introducing Probability BPS - 5TH ED.CHAPTER 10 1.
Chapter 10 Introducing Probability BPS - 5th Ed. Chapter 101.
5.1 Randomness  The Language of Probability  Thinking about Randomness  The Uses of Probability 1.
The Practice of Statistics, 5th Edition Starnes, Tabor, Yates, Moore Bedford Freeman Worth Publishers CHAPTER 6 Random Variables 6.1 Discrete and Continuous.
BPS - 3rd Ed. Chapter 91 Introducing Probability.
+ The Practice of Statistics, 4 th edition – For AP* STARNES, YATES, MOORE Chapter 6: Random Variables Section 6.1 Discrete and Continuous Random Variables.
AP STATISTICS Section 7.1 Random Variables. Objective: To be able to recognize discrete and continuous random variables and calculate probabilities using.
CHAPTER 10: Introducing Probability ESSENTIAL STATISTICS Second Edition David S. Moore, William I. Notz, and Michael A. Fligner Lecture Presentation.
BPS - 5th Ed. Chapter 101 Introducing Probability.
1 Chapter 10 Probability. Chapter 102 Idea of Probability u Probability is the science of chance behavior u Chance behavior is unpredictable in the short.
Probability and Simulation The Study of Randomness.
Discrete and Continuous Random Variables Section 7.1.
CHAPTER 10: Introducing Probability
Basic Practice of Statistics - 3rd Edition Introducing Probability
CHAPTER 6 Random Variables
CHAPTER 6 Random Variables
CHAPTER 6 Random Variables
Discrete and Continuous Random Variables
Chapter 6: Random Variables
Discrete and Continuous Random Variables
Aim – How do we analyze a Discrete Random Variable?
CHAPTER 12: Introducing Probability
Chapter 6: Random Variables
Chapter 6: Random Variables
Basic Practice of Statistics - 3rd Edition Introducing Probability
CHAPTER 10: Introducing Probability
6.1: Discrete and Continuous Random Variables
Probability: The Study of Randomness
CHAPTER 6 Random Variables
CHAPTER 6 Random Variables
Basic Practice of Statistics - 3rd Edition Introducing Probability
Warmup Consider tossing a fair coin 3 times.
Chapter 6: Random Variables
CHAPTER 6 Random Variables
12/6/ Discrete and Continuous Random Variables.
Chapter 6: Random Variables
CHAPTER 6 Random Variables
CHAPTER 6 Random Variables
Chapter 6: Random Variables
CHAPTER 6 Random Variables
Chapter 7: Random Variables
Discrete & Continuous Random Variables
Chapter 6: Random Variables
Chapter 6: Random Variables
CHAPTER 6 Random Variables
Essential Statistics Introducing Probability
Chapter 6: Random Variables
Chapter 6: Random Variables
Chapter 6: Random Variables
Chapter 6: Random Variables
Chapter 6: Random Variables
Chapter 4 Probability.
Basic Practice of Statistics - 5th Edition Introducing Probability
Chapter 6: Random Variables
Presentation transcript:

Chapter 10 - Introducing Probability Probability: The mathematics of chance behavior. Probability Vocab Random = individual outcomes are uncertain, but a large number of repetitions produces a regular distribution. Probability = The proportion of times an outcome would occur in a long series of repetitions. Probability Theory = The branch of mathematics that describes random behavior. Probability Factoids: Any probability is a number between 0 and 1. All possible outcomes together MUST have a total probability equaling 1. The probability that an event does NOT occur = 1- the probability that it DOES occur.

If 2 events have no outcomes in common, the probability that one OR the other occurs = the SUM of their individual probabilities… ex: Blood Type (Afr. American distribution) Type O A B AB Probability .49 .27 .20 ? What is the probability that the person chosen has either type A or type B blood? (.27 + .20) = .47 What is the probability of type AB blood? (.49 + .27 + .20) = .96 -----> (1 - .96) = .04

Probability Models Random Variable = A variable whose value is a numerical outcome of a random phenomenon. Probability Model/Distribution = Describes what the possible values of a variable are and the probabilities assigned to those values. 2 requirements: a) Every probability in the distribution must be a number between 0 and 1. b) The sum of the probabilities in the distribution must =1. Sample space (S) = The set of all possible outcomes. Event = An outcome or set of outcomes from the sample space. ex: Coin toss: Sample space is S = {H, T} / Event = Toss a head ex: Roll 2 Dice: Sample space (S) = Event = “Roll a 5” = (1, 4), (2, 3), (3, 2), (4, 1) = 4/36 outcomes =1/9 36 possible outcomes

Probability Model Types Finite: Fixed and limited number of outcomes. Continuous: Outcomes may take on any value in an interval of numbers. Finite Probability Model example: Student’s grade on a 4.0 scale (A = 4.0) X is the random variable representing the grade of a student chosen at random: Grade 0 1 2 3 4 Probability .10 .15 .30 .30 .15 Probabilities add to 1 The probability that a student got a B or better is expressed as: P(X > 3) = P(X = 3) + P(X = 4) = .30 + .15 = .45

P(X) = Area of shaded region Continuous Probability Model The probability dist. of X is described by a density curve. X is defined as an interval of values rather than just one value. The probability of any one single value = 0. P(X) = Area of the interval under the density curve. ex: P(X) = Area of shaded region

Normal Curves Normal distributions ARE probability distributions Heights of young women ex: X = height of random woman 18-25 yrs old (in inches) X has distribution N(64.5, 2.5) What is the prob. that a randomly chosen young woman is between 68 and 70 inches tall? P(68 < X < 70) =