Chapter Summary: Probability
Key Concepts
- Event: A subset of the sample space.
- Impossible Event: The empty set (Φ).
- Sure Event: The whole sample space (S).
- Complementary Event: The set A' or S - A.
- Union of Events: Event A or B is represented as A ∪ B.
- Intersection of Events: Event A and B is represented as A ∩ B.
- Difference of Events: Event A and not B is represented as A - B.
- Mutually Exclusive Events: A and B are mutually exclusive if A ∩ B = Φ.
- Exhaustive Events: Events E1, E2,..., En are mutually exclusive and exhaustive if E1 ∪ E2 ∪ ... ∪ En = S and E_i ∩ E_j = Φ for all i ≠ j.
Probability Definitions
- Probability: A number P(w) associated with sample point wᵢ such that:
- (i) 0 ≤ P(w) ≤ 1
- (ii) Σ P(wᵢ) for all wᵢ ∈ S = 1
- (iii) P(A) = Σ P(wᵢ) for all wᵢ ∈ A.
- Equally Likely Outcomes: All outcomes with equal probability.
- Probability of an Event: For a finite sample space with equally likely outcomes, P(A) = n(A) / n(S), where n(A) = number of elements in set A and n(S) = number of elements in set S.
Key Formulas
- Union of Two Events:
- P(A ∪ B) = P(A) + P(B) - P(A ∩ B)
- If A and B are mutually exclusive: P(A ∪ B) = P(A) + P(B)
- Complement of an Event: P(not A) = 1 - P(A)
Examples of Events
- Tossing a Coin Twice: Sample space S = {HH, HT, TH, TT}.
- Event E (exactly one head): E = {HT, TH}
- Rolling a Pair of Dice:
- Event A: sum > 8
- Event B: 2 occurs on either die
- Event C: sum ≥ 7 and a multiple of 3.
Important Notes
- The axiomatic approach to probability quantifies the chances of occurrence or non-occurrence of events.
- The probability of an event is defined through axioms that govern the assignment of probabilities to events.
Historical Note
- Probability theory originated in the 16th century, with significant contributions from mathematicians such as Blaise Pascal and Pierre de Fermat.