LESSON 1.

1
PROBABILITY Probability is simply how
likely something is to happen. When we
don't know how an event will turn out, we
can talk about the probabilities of certain
outcomes.

 Experiment is an activity in which the

results cannot be predicted with
certainty
 Outcome is a result of an experiment
 Event is a collection of outcomes
 Simple Event is an event with only one
possible outcome
 Sample Space is a set S that contains
all the possible outcomes of the
experiment

A random variable is a function that

associates a real number to each
element in the sample space. It is a
variable whose values are determined
by chance.
A random variable is said to be discrete
if its set of possible outcomes is
countable.
A random variable is said to be
continuous if it takes on values from
within an interval or disjoint union of
intervals. Often, continuous random
variables represent measured data,
such as heights, weights, and
temperatures.
A Discrete Probability Distribution count
occurences that have countable or finite
outcomes.
A Mean is the value you expect to get if
the trials were repeated infinite number
of time.
The mean of a random variable X with a
discrete probability distribution is also
called the expected value of X, denoted
by E ( X ). Thus μ = E ( x )

LESSON 1.2