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Probability. We use the word probably when there is some level of ignorance as to what an outcome will be.

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Presentation on theme: "Probability. We use the word probably when there is some level of ignorance as to what an outcome will be."— Presentation transcript:

1 Probability

2 We use the word probably when there is some level of ignorance as to what an outcome will be.

3 “Probably” The final exam will probably be hard. It will probably rain today. I will probably go to the market tomorrow. 3 plus 4 is probably 7.

4 A Simple Experiment Flip a Coin Two possible outcomes: heads or tails The set S={head, tail} is called the sample space of the experiment. A sample space is a set that contains all the possible simple outcomes for a particular experiment.

5 Flipping a Coin

6 Observing the Experiment

7 Theoretical vs. Empirical


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