Remembered Event Essay

Introduction- Probability is the measure of the likeliness that an event will occur. Probability theory is the branch of mathematics concerned with probability, the analysis of random phenomena. The central objects of probability theory are random variables, stochastic processes, and events. If an individual coin toss or the roll of dice is considered to be a random event, then if repeated many times the sequence of random events will exhibit certain patterns, which can be studied and predicted.

because the questions are independent of each other. 6. Explain the difference between independent and dependent events. Dependent events are linked to another event, while independent events are single events. 7. Provide an example of experimental probability and explain why it is considered experimental. Experimental probability of an event is the ratio of the number of times the event occurs to the total number of trials. Example: Patrick flipped a number cube 40 times. A 5 appeared 10 times

4. Probability of recurrence: In the present study, three stochastic models (Weibull, Gamma and Lognormal) have been used for the estimation of probability of earthquake recurrence in Gujarat region of India which was rocked by the great earthquake in 2001. The earthquake data of the region has only five recurrence intervals of earthquakes magnitude ≥ 6 for the period of study, from 1819 to 2001, and is listed in Table 1. The estimated mean, standard deviation and aperiodicity (equivalent to the

CSIT 270 Homework 6 Q1.1 Ans 1.1 If S is a finite sample space of equal likely outcomes and E is an event , that is a subset of S Then the probability of E is : P(E) = The probability that a five-card poker hand does not contain the queen of hearts is determined as follows: If 5 cards are drawn then chances of not getting the queen of hearts in the first draw is If there is no chance getting the queen of hearts in drawn and the chance of not getting it in 2nd draw is If there is no chance

Benford’s Law and where it came from? According to Oxford dictionary, Benford’s law is the principle that in any large, randomly produced set of natural numbers, such as tables of logarithms or corporate sales statistics, around 30 percent will begin with the digit 1, 18 percent with 2, and so on, with the smallest percentage beginning with 9. The law is applied in analyzing the validity of statistics and financial records. Benford’s law is a mathematical theory of leading digits that was discovered

that brings success or advantage to a situation that will ensure maximum benefits and least risk. Probability can be applied to decision-making in public administration because it is possible to estimate the probability of occurrence of specific events. A part of decision-making in relationship to public administration has to do with goals. The probability of you meeting those goals depends on decision-making. For example a restaurant owner has received more revenue on Thursdays than on any other

exclusive events, The sum of Separate probabilities likely to be one event occur or another. Example: Place 100 marbles in a box; 35 blue, 45 red, and 20 yellow. P(blue)=.35 P(red)=.45 P(yellow)=.20 What is the probability of choosing either a red or a yellow marble from the box? P(red or yellow) = P(red)+ P(yellow) = .45+.20 = .65 The multiplicative law of probabilities The multiplicative law of probability is defined as the probability of the joint occurrence of two or more of the events which

exclusive events, The sum of Separate probabilities likely to be one event occur or another. Example: Place 100 marbles in a box; 35 blue, 45 red, and 20 yellow. P(blue)=.35 P(red)=.45 P(yellow)=.20 What is the probability of choosing either a red or a yellow marble from the box? P(red or yellow) = P(red)+ P(yellow) = .45+.20 = .65 The multiplicative law of probabilities The multiplicative law of probability is defined as the probability of the joint occurrence of two or more of the events which

MAT540 - Quantitative Methods (Homework # 2) Section A True/False Indicate whether the sentence or statement is true or false. __F__ 1. Two events that are independent cannot be mutually exclusive. __F__ 2. A joint probability can have a value greater than 1. __F__ 3. The intersection of A and Ac is the entire sample space. __T__ 4. If 50 of 250 people contacted make a donation to the city symphony, then the relative frequency method assigns a probability of .2 to the outcome of

is the final strand of the Australian curriculum relating to mathematics. Students using probability are “experimenting various theoretical approaches”- Australian Curriculum (2016). Probability is when you divide the number of outcomes in which an event can occur by the number of possible outcomes (Lakin, 2010, p.p131). My experience and knowledge has expanded while studying probability in this unit. It has been developed in activities such as MathSpace and WIKA (appendix m). MathSpace helped me