First Class Notes: Randomness



Observation: Noting occurrences.

Realization: Understanding outcomes.

Sample Space: The set of all possible outcomes; subsets are events with assigned probabilities.

Sources of Variability: Reasons for randomness due to different possibilities.

Events: Specific outcomes or sets of outcomes.

Probabilities: Likelihoods assigned to events.

Union of Sets: Combining all elements from sets A and B.

Intersection of Sets: Common elements in sets A and B.

Empty Se...