Probability, binomial and normal distributions 7.1 Theoretical and Experimental Probability Skills Check Skills Check Skills Check Subjective Probability Based on past experiences and opinions rather than formal calculations.
What are the chances it rains tomorrow?
What’s the probability a fight breaks out in the hallway?
What’s the probability Mr. Hodges spills coffee on himself?
*Not particularly valuable
Experimental Probability Experiment: a process by which you obtain an observation
Trials: Repeating an experiment a number of times
Outcome: A possible result of an experiment
Event: An outcome or set of outcomes
Sample Space: The set of all possible outcomes of an experiment, always
denoted by U Theoretical Probability Theoretical Probability gives you a way to quantify probability that does not require carrying out a large number of trials.
“What you would expect to happen”
Example Gambler’s Fallacy Making Predictions with Theoretical Prob. Example Two-way Table Example HW: 7A (pg. 306) and 7B (pg. 309-310)