
Unit 2A Review SKG
Flashcard
•
Mathematics
•
12th Grade
•
Practice Problem
•
Hard
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1.
FLASHCARD QUESTION
Front
What is conditional probability?
Back
Conditional probability is the probability of an event occurring given that another event has already occurred. It is denoted as P(A|B), which means the probability of A given B.
2.
FLASHCARD QUESTION
Front
How do you calculate P(Male | Full Time)?
Back
To calculate P(Male | Full Time), use the formula: P(Male | Full Time) = P(Male and Full Time) / P(Full Time).
3.
FLASHCARD QUESTION
Front
What is the Fundamental Counting Principle?
Back
The Fundamental Counting Principle states that if one event can occur in m ways and a second can occur independently in n ways, then the two events can occur in m x n ways.
4.
FLASHCARD QUESTION
Front
How many outcomes are there when flipping 4 different 2-sided coins?
Back
There are 16 outcomes when flipping 4 different 2-sided coins, calculated as 2^4 = 16.
5.
FLASHCARD QUESTION
Front
What is the formula for finding the probability of two events occurring together?
Back
The probability of two events A and B occurring together is given by P(A and B) = P(A) * P(B|A) if A and B are dependent.
6.
FLASHCARD QUESTION
Front
What is the probability of holding a Visa and AA card given that a customer holds a Visa?
Back
The probability is calculated as P(Visa and AA | Visa) = P(Visa and AA) / P(Visa) = 40/1500 = 0.0267.
7.
FLASHCARD QUESTION
Front
What does P(A | B) represent?
Back
P(A | B) represents the probability of event A occurring given that event B has occurred.
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