Quick Review
- The chance of something is the percentage of time it is expected to happen
- Chances are between 0% and 100%
- The chance of something is 100% minus the opposite thing
- Multiplying Probabilities: The chance that two or more things will happen equals the chance that the first will happen multiplied by the chance that the second happens and so forth given that a prior event does not preclude the occurrence of a future event. happening.
For some problems it might help you to list ways and it may help you to understand calculating chances.If you toss a fair coin, you have two possible outcomes.
The chance of the coin landing heads up is 1/2.
The chance of the coin landing tails up is 1/2.
Let's move to a situation where you are tossing a coin 3 times:
There are 8 possible outcomes (2x2x2):
HHH HHT HTH HTT THH TTH THT TTT
When asked "what is the chance of getting 3 heads?" By listing the outcomes it's easy to see that it's 1/8. And if asked, "what is the chance of not getting 3 heads" it's easy to see that it's 7/8.
But listing outcomes may not be optimal it a situation like this one: you have 5 employees in your store. Employee A shows up 90% of the time, B shows up 75% of the time, C shows up 50% of the time, D shows up 90% of the time, and E shows up 60% of the time. What is the chance that at least one employee will be absent on a given day?
Try listing the ways....(don't)
Instead, you might think about:
Chance at least one absent = 100% - (chance of all 5 not absent)
example: I have a deck of cards, I deal a card to you, it can be a heart or it can be a spade, but it can't be both.What is the chance of getting dealt a heart? 13/52
What is the chance of getting dealt a spade? 13/52
example: What is the chance that the card I deal to you is a heart or a spade? 13/52 + 13/52 = 26/52 = 50%contrast it with: I deal a card to you. What is the chance that it is a heart? 13/52. I put the card back and deal another card to you, what is the chance that it is a spade? 13/52.
contrast it with: I deal two cards. I turn over the first card and it is a heart. What is the chance that the second one is a spade? 13/52 * 13/51. (Conditional probabilities)
NOTE: under INDEPENDENCE, A & B happen together, they just don't affect each other. Think of rolling dice.
This is just a tool to help you understand Chapter 17.There is a problem on the practice midterm which uses this tool. I've indicated it on the problem (#10).
Three things to think about:
- What are the possible outcomes?
- How many (or what probability or percentage) of each outcome?
- How many draws do I get?
Example from Chapter 16 p.286, problem 7. The score will be like the sum of 25 draws from a box with tickets that read +4, -1, -1, -1, -1.
Last Update: 18 October 1998 by VXL