Mod 6 Vocab

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chance experiment

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An experiment where you repeatedly conduct a trial or a process that can have two or more results due to uncertainty and then observe the results.

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empirical probability

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The probability of an event calculated after observing the outcomes from multiple trials of the chance experiment. It is the ratio of the number of observations of the event to the number of trials conducted.

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event

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A set of one or more possible outcomes. A simple event has only one outcome, while a compound event has more than one outcome.

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outcome

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The result of a single trial of a chance experiment.

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population

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Any entire collection of people, animals, or objects that someone is interested in learning about. Each member of the population is called a member.

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population characteristic

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A number that summarizes data collected from the entire population.

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population proportion

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The ratio of the number of members of a population with a specified characteristic to the total number of members in the population.

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probability

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A measure of how likely it is that an event will happen, described by a number between 0 and 1.

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probability model

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A mathematical representation of a chance experiment that accounts for all outcomes within the sample space and assigns a probability to each outcome.

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random sample

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A sample in which every member of the population has an equally likely chance of being chosen.