Probability Concepts
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1 Probability Concepts
2 Everyday Probability 1 in 4 chance 30% survival rate 1 in 7.1 million ½ the time 88% on-time
3 Statistical Probability Expressed in-terms of 0 1 Used to 0 100%, this comes from multiplying the probability by 100% The closer to 0, the less likely The closer to 1, the more likely
4 Examples Rolling a 1 on fair die is 1 / 6 Choosing a heart from a full deck is 13 / 52 Tossing heads with a fair coin is 0.5 Drawing a t from alphabet pool is 1 / 26 Choosing correct number between 1 and 10 is 0.10
5 Types of Probability There are two types of probability: 1) Objective probability 2) Subjective Probability (see Daniel)
6 Objective Probability Objective probability is measuring the likelihood of events based on objective processes. Objective probability can be classified as either: a) classical, or a priori,, probability b) relative frequency, or a posteriori, probability
7 History of classical probability Since the beginning of recorded history, gambling the very essence of risk- taking has been a popular pastime and often an addiction. It was a game of chance that inspired Pascal and Fermat s s revolutionary breakthrough into the laws of probability, not some profound question about the nature of capitalism or visions of the future.
8 Games and a priori It is not necessary to actually roll a die or deal a card to determine the probability of a certain number being rolled or card being drawn. The probabilities are based on reasoning, not the act. Previous acts have no influence on the next act.
9 The Law of Averages Losing streaks and winning streaks occur frequently in games of chance, as they do in real life. Gamblers respond to these events in asymmetric fashion: they appeal to the law of averages to bring losing streaks to a speedy end. And they appeal to the same law of averages to suspend itself so that winning streaks will go on and on. The law of averages hears neither appeal. The last sequence of throws of the dice conveys absolutely no information about what the next throw will bring. Cards, coins, dice and roulette wheels have no memory.
10 Events, E An event is the occurrence of any defined circumstance: a 2 on a roll drawing a king of diamonds success or failure death
11 Mutually Exclusive Events If any two events cannot occur simultaneously, the events are said to be mutually exclusive: a 2 and a 4 can not be observed on the same roll of a die when choosing a single card, the selection can not be both a 2 of hearts and a 4 of diamonds
12 The probability of E, P(E) Let N be the total number of mutually exclusive and equally likely events Let m be the number of each possible event Let P(E) be the probability of E,, then: ( ) = m P E N
13 Relative Frequency Probability Often, the true probability of an event is not known and can only be estimated Relative frequency probability is counting the number of repetitions of a process & the number of times each event occurs in order to estimate the likelihood of an event occurring
14 The probability of E, P(E) Let m be the number of times the event was observed Let n be the number of times the process was repeated: ( ) = m P E n
15 Known versus Unknown Unlike games, the true probability of events in science is often unknown and can only be estimated after observing the process. Most of what we do is a posteriori or relative frequency probability. When n gets large enough, the probability is more precisely estimated and is assumed to be known
16 Properties of Probability 1) 2) 3) P( E) 0 ( ) ( ) ( ) ( ) P E1 + P E2 + + P En = 1 P Ei = 1 n i = 1 ( ) = ( ) + ( ) + + ( ) P E1 or E2 or Ek P E1 P E2 P Ek These properties only hold if the events are mutually exclusive.
17 Calculating Probability We can extend the theory to practical applications for estimating probabilities. Automotive Survey - Subjects were asked: What car they purchased Why they purchased the car Country that produced the car Gender, age, & martial status
18 Buyer Information Buyer Information Vehicle Information Vehicle Information Gender Gender Marital Marital Status Status Age Age Country Country of Origin of Origin Vehicle Vehicle Size Size Vehicle Vehicle Purpose Purpose Female Female Married Married range range America America large large family family Male Male Single Single mean mean Europe Europe medium medium sport sport sd 5.98 sd 5.98 Japan Japan small small work work 48 48
19 Gender Vehicle Purpose Female Male Total Family Sporty Work Total
20 Q: If we select a person at random from this sample, what is the probability that the person is female? A: Assume Gender is mutually exclusive. There are 303 total subjects and 138 females. Therefore: ( ) number of females total number of subjects P F = = =
21 Q: Suppose we select a subject and the subject is male (M), what is the probability that this subject purchased a car for work (w)? A: Given that the subject is male, the denominator of interest is 165, of these, 27 purchased a car for work purposes. Therefore: number of work vehicles P( w M ) = total number of males = =
22 Q: For females? ( ) P w F = = = number of work vehicles total number of females
23 Joint Probability Q: What is the probability that a subject picked at random is female and purchased the car for work purposes? ( ) P F w = = = number of work vehicles purchased by women total number of subjects
24 The relationship between conditional and joint probabilities can be expressed as: ( ) ( B) P( B) P A P A B =, P B 0 ( )
25 ( ) P w F = = ( F) P( F) P w =
26 What about or The probability of A or B happening? If they are mutually exclusive, just add P(A) + P(B): P(F U M) = P(F) + P(M) = = 1
27 If A and B are not mutually exclusive: P(A U B) = P(A) + P(B) - P(A B) This is because the # in P(A B) is also in P(A) and P(B), so need to subtract out once for overlap: ( ) = ( ) + ( ) ( ) P F w P F P w P F w = =
28 If you know the joint probabilities of A over all levels of B, then you can find the probability of A: ( ) = ( ) P Ai P Ai Bj j
29 P F ( ) P F P F ( ) f s w ( ) = 76 = = 41 = = 21 = P F = P F f + P F s + P F w ( ) ( ) ( ) ( ) = =
30 Bayes Theorm If you know P(A1).P(Ak P(Ak), and they are mutually exclusive. Suppose there is event B, and you know all P(B Ai). Then: P(B) = P(B A1)P(A1) + P(B A2)P(A2) + + P(B Ak)P(Ak)
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