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Math Vocab.WDYE?

what do you expect vocab

QuestionAnswer
A diagram in which fractions of the area of the diagram correspond to the probabilities in a situation area model
The probability of getting one of two outcomes binomial probability
two or more events that have the same probability of occurring equally likely
intuitively the average payoff over the long run expected value
a probability that is determined through experimentation experimental probability
a game in which each player is equally likely to win fair game
this law states in effect that as more trials of an experiment are conducted the experimental probability more closely approxmiates the theoretical probility Law of Large numbers
a possible result outcome
The number of points a player in a game receives for a particular outcome payoff
A number between 0-1 that describes the likelihood that an outcome will occur probability
outcomes that are uncertain when viewed individually, but exhibit a predictable pattern over many trials random
the set of all possible outcomes in a probability situation sample space
a probability obtained by analyzing a situation theoretical probability
a diagram used to determine the number of possible outcomes in a probability situation tree diagram
Created by: amanda:)
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