Mathematics Probability
Mathematics Probability
Types of Probability:
- Theoretical Probability: based on the number of favorable outcomes divided by the total number
of possible outcomes
- Experimental Probability: based on the results of repeated trials or experiments
Key Concepts:
Formulas:
Remember, probability is a measure of uncertainty, and it plays a crucial role in many fields,
including statistics, engineering, economics, and finance.
1. *Theoretical Probability*: Based on the number of favorable outcomes divided by the total
number of possible outcomes.
2. *Experimental Probability*: Based on the results of repeated trials or experiments.
3. *Conditional Probability*: The probability of an event given that another event has occurred.
4. *Independent Probability*: The probability of two or more events that do not affect each
other's probability.
5. *Dependent Probability*: The probability of two or more events that are affected by each
other's probability.
6. *Mutually Exclusive Probability*: The probability of two or more events that cannot occur
simultaneously.
7. *Joint Probability*: The probability of two or more events occurring together.
8. *Marginal Probability*: The probability of an event occurring, regardless of other events.
9. *Posterior Probability*: The probability of an event after new information is available.
10. *Prior Probability*: The probability of an event before new information is available.
These types of probability are used in various fields, including statistics, mathematics,
engineering, economics, finance, and insurance.
1. _Theoretical Probability_:
- Coin toss: P(Heads) = 1/2
- Dice roll: P(Rolling a 6) = 1/6
2. _Experimental Probability_:
- Flipping a coin 10 times and getting 6 Heads: P(Heads) = 6/10
- Rolling a die 20 times and getting 4 Sixes: P(Rolling a 6) = 4/20
3. _Conditional Probability_:
- P(Raining | Cloudy) = 0.8 (given that it's cloudy, the probability of rain is 80%)
- P(Failing | Not studying) = 0.9 (given that you didn't study, the probability of failing is 90%)
4. _Independent Probability_:
- P(A ∩ B) = P(A) × P(B) = 0.2 × 0.3 = 0.06 (probability of A and B occurring together)
5. _Dependent Probability_:
- P(B | A) = 0.7 (given that A occurred, the probability of B is 70%)
6. _Mutually Exclusive Probability_:
- P(A ∪ B) = P(A) + P(B) = 0.4 + 0.3 = 0.7 (probability of A or B occurring)
7. _Joint Probability_:
- P(A ∩ B) = 0.1 (probability of A and B occurring together)
8. _Marginal Probability_:
- P(A) = 0.4 (probability of A occurring, regardless of B)
9. _Posterior Probability_:
- P(A | B) = 0.9 (probability of A given that B occurred)
10. _Prior Probability_:
- P(A) = 0.2 (probability of A before any new information)
These examples illustrate how probability can be applied to various situations, from simple coin
tosses to more complex conditional and dependent events.
Here are some steps to find and calculate various probability concepts:
_Find:_
_Calculate:_
_Bayes' Theorem:_
Remember to apply the appropriate formulas and concepts to find and calculate the desired
probability values!