Introductory Statistics Probability • • • • • • • • Heads or Tails Parents Getting a Girl Blood Type Getting Brown Eyes Rolling a Seven in a game of monopoly Probability of Getting Rained Upon in a Picnic Winning in Roulette Winning a Million Dollars in the Lottery Rare or Unusual Events (Term to Know in Inferential Statistics) Three Probability Rules The probability of any event must be greater than or equal to 0 –and- less than or equal to 1. • Sum of all Probabilities of all possible outcomes must equal 1. • If E represents an event, P(E) is the probability of that event, then the probability of that event not happening is 1-P(E) – Complement Rule. • Three Probability Rules The probability of any event must be greater than or equal to 0 –and- less than or equal to 1. Sum of all Probabilities of all possible outcomes must equal 1. If E represents an event, P(E) is the probability of that event, then the probability of that event not happening is 1-P(E) – Complement Rule. • • • Example One Number of Heads from Two Flips Event 0 1 Probability 0.25 0.5 • 2 0.15 True Probability Model? No – Second Rule Doesn’t apply Example Two Number of Heads from Two Flips Event 0 1 Probability 0.25 0.5 • • • 2 0.25 True Probability Model? Yes – First two rules apply Probability of only getting one head in two flips? 50% Probability of not getting one head in two flips (0 or 2 heads)? 1-50%=50% HH HT TH TT Three Probability Rules –Page 2 Example Three – Empirical Data Event Probability • • • Red Green 0.1 M&M's in a Bag Blue Brown 0.1 0.1 ? Yellow Orange 0.2 0.3 What is the probability of drawing a brown M&M? 0.2 What is the probability of not drawing a brown M&M? 0.8 What is the probability of not drawing a yellow M&M? 0.8 Example Four – # of girls with three children (assuming the same likelihood for boy/girl) Number of Girls 0 1 2 3 • • • Probability 1/8 3/8 ? 1/8 What is the probability of getting exactly two girls? 3/8 What is the probability of not getting exactly two girls? 5/8 What is the probability of getting no more than one girl? 4/8 = 1/2 Mean and Variance of Discrete Random Variable Number of Heads from Two Flips Event (Xi) 0 1 2 Probability (Pi) 0.25 0.50 0.25 • Mean of Discrete Random Variable Mean = (0 * 0.25) + (1 *0.50) + (2 *.25) = 0 + 0.5 +0.5 = 1 • Variance of Discrete Random Variable Variance = [(0-1)2 * 0.25] + [(1-1)2 * 0.5] + [(2-1)2 * 0.25] = .25 + 0 + .25 = .5 Standard Deviation = . 𝟓= .707 Use excel to compute Mean, Variance and Standard Deviation of Discrete Random Variable
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