Professional Documents
Culture Documents
Year : 2014
Session 4
INTRODUCTION TO PROBABILITY
Topics
1. Introduction : Data and Statistics
2. Descriptive Statistics
3. Introduction to Probability
4. Discrete Probability Distributions
5. Continuous Probability Distributions
6. Sampling and Sampling Distributions
7. Interval Estimation
8. Hypothesis Tests
9. Analysis of Variance
10. Simple Linear Regression
3. Bayes Theorem
Markley Oil: n1 = 4
Collins Mining: n2 = 2
N N!
CnN
n n !(N n )!
Example :
= .70
Complement of an Event
= .20 + .16
= .36
= .82
= (.70)(.51)
= .36
This result is the same as that obtained earlier using the definition
of the probability of an event.