Probability
Define Probability
How likely something is to happen
Define statistics
The science concerned with developing and studying methods for collecting analyzing, interpreting and presenting data
Describe what a Venn Diagram looks like.
Two circles overlapping
Name one type of statistics.
Inferential or Descriptive
Name one of the three types of probability.
Classical probability, empirical probability or subjective probability
What is probability similar to?
Chance/Estimates/Guess
What are the three steps in statistics?
collecting, analyzing, and interpreting
What do the circles represent?
Two different situations/events
Name both types of statistics
Inferential and Descriptive
What is classical probability?
The probability of something when there are equal odds of something happening
How do dice represent the idea of probability?
The likelihood that one side of the dice lands face up or the likelihood that it doesn’t.
How can Statistics be applied?
It can be applied to favorite sports teams and the weather (other examples work as well)
What does the area that overlaps mean?
The likelihood that both events/situations occur at the same time.
What is inferential statistics?
The practice of using sample data to draw conclusions or to make predictions about a larger sample or population.
What is subjective probability?
A type of probability derived from an individual personal judgment, or experience about whether an outcome is likely to occur
List some applications of probability
weather planning, gaming, finance, etc.
List the two main types of statistics
Inferential, statistics and descriptive statistics
BONUS
AUTOMATIC 400 POINTS
What is descriptive statistics?
Methid used to summarize and describe the main features of the data set.
What is empirical probability?
The probability of an event based on the results of an actual experiment conducted multiple times
How many types of probability are there?
3 (Bonus name the three for extra 200 points)
BONUS
AUTOMATIC 500 POINTS
What does the rectangle around the squares mean?
The likelihood that no events occur or the compliment.
What is the difference between a sample and a population?
A sample is a part of a population. A population is a larger group of people with a similar quality.
Write out the formula for conditional probability
P(A|B)=P(AnB)/P(B)