STA 2023 Basic Concepts of Probability and Counting Probability Experiments A probability experiment is an action, or trial, through which specific results are obtained. The result of a single trial is an outcome. The set of all possible outcomes of a probability experiment is the sample space. An event is a subset of the sample space which may have more than one outcome. Example 1: Identify the sample space of the probability experiment and determine the number of outcomes in the sample space. Tossing three Coins. Start H T H T H T H T H T H T H T HHH HHT HTH HTT THH THT TTH TTT Sample space: {HHH,HHT,HTH,HTT,THH,THT,TTH,TTT} Number of Outcomes: 8 Simple Event A simple event is an event that consist of a single outcome. Example 2: For each event, determine the number of outcomes and state whether the event is simple or not. Rolling an even number on a six-sided die. 3 outcomes, not a simple event Pulling the Queen of Hearts out of a standard deck of playing cards. 1outcome, simple event. The Fundamental Counting Principle Example 3: A shirt company has 4 designs each of which can be made with short or long sleeves. There are 7 color patterns available. How many different shirts are available from this company? 56 shirts Example 4: How many license plates can be made consisting of 2 letters followed by 3 digits? 676,000 license plates Types of Probability Example 5: Identify the type of probability being used The probability that a train will be in an accident on a specific route is 1% Empirical The probability that interest rates will rise during the summer is 0.05. Subjective The probability of winning California's Pick Three lottery is 1/1000. Classical Other Properties Law of Large Numbers As an experiment is repeated over and over, the empirical probability of an event approaches the theoretical probability of the event Range of Probabilities The probability of an event E is between 0 and 1, inclusive. Complements The complement of event E is the set of all outcomes in a sample space that are not included in event E. Denoted as E’ (e prime)