Vocabulary
What is the word that matches this definition? "the result of a trial of a random process"
Outcome
True/False: Our intuition about probability is usually right
False
(X) counts the number of successes in a fixed number of independent trials with a consistent probability of success
Binomial Random Variable
What does BITS stand for?
Binary Independent Trials Successes
What is the probability you land on heads if you flip a coin?
1/2
What is the word that matches this definition? "describes the proportion of times the outcome would occur in many many repetitions"
Probability
If I flipped a coin and it landed on heads 3 times in a row, what is the probability the next flip lands on tails?
50%
can be defined by the number of trials (n) and the probability of success (p)
Binomial Distribution
are numerical outcomes of a chance process
Random Variable
What is the probability you land on a 3 on a 6-sided die?
1/6
What is the word that matches this definition? "is a collection of outcomes"
Event
If a bar graph gets smaller as it goes to the right what does that make it?
Right-Skewed
is the number of ways you can have x successes in n trials
Binomial Coefficient
are countable outcomes of a chance process
Discrete Random Variable
What is the probability you pull the Ace of Spades from the deck if you only pull one card?
1/52
What is the word that matches this definition? "Is a physical or mathematical model that models random events"
Simulation
What is apart of the 4-Step plan?
State, Plan, Do, Conclude
What does BINS stand for?
Binary Independent Number Success
Probability distributions can be represented as a graph, table, or function. It shows the outcomes and their associated probabilities.
Probability Distribution
What are the chances someone is born with more or less than 10 fingers?
1/32000
What is the word that matches this definition? "states that empirical probabilities tend to get closer to the true probability as the number of trials increases"
Law of Large Numbers
The probability of any event happening is between ___ and ____
0 and 1
What is the equation to calculate binomial probabilities?
P(x=x)=[n!/x!(n-x)!] p^x (1-p)^n-x
is the set of all possible outcomes in a random process
Sample Space
Baccarat