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BRIDGE COURSE
Possibly,it would rain tonight
There is a high chance of my getting the job
next month
Here the words like possibly, high chance
indicates a degree of uncertainty about the
happening of the event.
All these events are random in nature.
Prob. Theory includes studying such events to
make the best possible decision in the face of
uncertainties.
Probability is the science of decision – making
with calculated risks in the face of
uncertainty.
Random experiment : it is a procedure that
can result in many outcomes such that
although all outcomes may be known it is not
possible to predict the outcome associated
with a single experiment. E.g.
Tossing of a coin whose all possibilities are
known, head and tail, but at each particular
toss, we don’t know if it will face head or tail.
Sample space : of a random experiment is the
set S that includes all possible outcomes of
an experiment.
In tossing of a fair coin the set of all the
possible outcomes is {H,T}
Here, {H,T} is the sample space for this
experiment.
Trail : each experiment is known as a trial.
E.g. tossing a coin once, is a single trial.
Event : outcomes of the trials are known as
events. E.g. in tossing of a coin, outcomes are
either H or T. so, H and T are the events.
Exhaustive events
Mutually exclusive events
Independent and dependent events
Equally likely events
Complementary event
Suppose a committee of 2 is to selected from
a group consisting of 5 people say R,S,V,A,N.
find the sample space.
A manufacturer purchases equipments for
three vendor A,B,C. Let (1,2) denote the
event that on two successive days, the first
day order goes to vendor A and on the
second day vendor B gets the order. Write
the sample space.
Intersection of events
Union of events
Complement of events
Classical technique
Based on the assumption that all
events are mutually exclusive and are equally
likely to occur.
P(A U B)=P(A)+P(B)-P(A П B)
IF A and B are mutually exclusive then P(A П B)=
O
Multiplication law
P(A П B) = P(A/B)*P(B) when Event B has aleady
occurred.
Theory of Independence:
P(A П B) =P(A)*P(B)
Independence : A and B are independent if
and only if P(A&B)=P(A)*P(B)
Independence : A and B are independent if
and only if P(A&B)=P(A)*P(B)
ABRC, a leading marketing research firm in India, wants to
collect information about households with computers and
Internet access in urban Mumbai. After conducting an
intensive survey, it was revealed that 60% of the
households have computers with Internet access; 70% of
the household have two or more computer sets. Suppose
50% of the households have computers with Internet
connection and two or more computers. A household with
computer is randomly selected.
What is the probability that the household has computers with
Internet access or two or more computers?
What is the probability that the household has computers with
Internet access or two or more computers, but not both?
What is the probability that the household has neither computers
with Internet access nor two or more computers?
A company is interested in understanding the consumer
behaviour of the capital of the newly formed state Chhattisgarh,
that is, Raipur. For this purpose, the company has selected a
sample of 300 consumers and asked a simple question, ”Do you
enjoy shopping?” out of 300 respondents, 200 were males and
100 were females. Out of 200 males, 120 responded Yes and out
of 100 females, 70 responded yes. A respondent is selected
randomly. Construct a probability matrix and ascertain the
probability that:
◦ The respondent is a male
◦ Enjoys shopping
◦ Is a female and enjoys shopping
◦ Is a male and does not enjoy shopping
◦ Is a female or enjoys shopping
◦ Is a male or does not enjoy shopping
◦ Is a male or female
Learning objective
4-4: Compute
conditional
probabilities and
assess
independence.