Probability and Bayes’ Theorem

Front

What does probability measure?

Back

The chance of occurrence of an event.

Front

What is the range of probability values?

Back

Between 0 (impossible) and 1 (certain).

Front

What is the formula for probability?

Back

P(E) = Favorable outcomes / Total outcomes

Front

Define 'Experiment' in probability terms.

Back

An activity with uncertain result.

Front

What is 'Sample Space' (S)?

Back

All possible outcomes.

Front

What is an 'Event' (E)?

Back

A subset of the sample space.

Front

What are Mutually Exclusive Events?

Back

Events that cannot occur together.

Front

What are Exhaustive Events?

Back

Events that cover the whole sample space.

Front

State the Range Rule of Probability.

Back

0 ≤ P(E) ≤ 1

Front

What is the Addition Rule of Probability?

Back

P(A ∪ B) = P(A) + P(B) - P(A ∩ B)