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probability - ANSWERSa numerical measure of the likelihood that an event will occur
random experiment - ANSWERSa process that generated well-defined experimental
outcomes
sample space - ANSWERS(for an experiment) the set of all experimental outcomes
sample point - ANSWERSan experimental outcome
two rules of probabilities - ANSWERS1) 0 <= P(Ei) <= 1
2) sum of all P(Ei) = 1
union - ANSWERSthe event containing all sample points belonging to the events in the
union (A U B)
conditional probability - ANSWERSthe probability of an event given that another event
has occurred classical method of calculating probabilities - ANSWERSassigning
probabilities on the assumption of equally likely outcomes
relative frequency method of calculating probabilities - ANSWERS(empirical method)
assigning probabilities based on experimentation or historical data
event - ANSWERSa collection of sample points
probability of an event - ANSWERSequal to the sum of the probabilities of the sample
points in the event