vocab
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| a diagram in which fractions of the area of the diagram cooresponds to probabilities in a situation | area model
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| the probability of getting one of two outcomes(heads+tails) | binomial probability
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| two or more events that have the same probability of occuring | equally likely
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| intuitively the average payoff over the long run | expected value
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| a probability that is determined through experimentation | experimental probability
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| a game in which each player is equally likely to win | fair game
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| this law states,in effect,that as more trials of an experiment are conducted the experimental probability more closely approximates the theoritical probability | Law of large numbers
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| a possible result | outcome
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| the number of points a player in a game recieves for a paticular outcome | payoff
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| a number between 0-1 that describes the likely hood that an outcome will occur | probability
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| outcomes that are uncertain when viewd individually,but exhibit a predictable pattern over many trials are random | random
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| the set of all possible outcomes in a probability situation | sample space
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| a probability obtained by analyzing a situation | theoritical probability
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| a diagram used to determine the number of possible outcomes in a probabilty situation | tree diagram
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Created by:
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