Marginal probability, Mathematics

Assignment Help:

Marginal Probability

Probability of event A happening, denoted by P(A), is called single probability, marginal or unconditional probability.

Marginal or Unconditional Probability is defined as the ratio of number of possible outcomes favorable to the event A to the total number of possible outcomes.

P(A) 

= 1428_marginal probability.png

The definition assumes that the elements of the sample space have an equally likely chance of occurring.

Example 

A gambler places a bet on numbers 14 through 25. There are 12 equally likely winning outcomes. The roulette wheel (a gambling instrument which can display any one of 38 equally likely numbers as the winning number) contains 38 equally likely outcomes.

The probability of the wheel stopping on a number from 14 through 25 (say event A) = 12/38 = 0.316.

The probability of losing, i.e. the wheel stopping on numbers other than 14 through 25 (say event B) is the probability of the complement of A occurring. The complement of an event A is defined as  A' , where  A' represents the non-occurrence of event A. So, the probability of  A'  (B) = 26/38 = 0.684.

P (A') = P(B) = 1 - P(A) because A and  A'  are the only possible events and they are mutually exclusive events of the sample of 38 equally likely outcomes. Thus, P(A) + P (A') = 1 and P(A and  A' ) is 0.


Related Discussions:- Marginal probability

Draw tangent graph y = tan ( x ), Graph y = tan ( x ). Solution In...

Graph y = tan ( x ). Solution In the case of tangent we need to be careful while plugging x's in since tangent doesn't present wherever cosine is zero (remember that tan x

Permutations and Combinations, How many 4 digit number lass than 6000 can b...

How many 4 digit number lass than 6000 can be made with the digits 7,6,4 and 2 if digits are not repeated?

Math, i really ned help wiv quartiles plz help

i really ned help wiv quartiles plz help

Differential equations, Verify Liouville''''''''s formula for y "-y" - y'''...

Verify Liouville''''''''s formula for y "-y" - y'''''''' + y = 0 in (0, 1) ?

Determine the widest piece of mail, A mailbox opening is 4.5 inches high an...

A mailbox opening is 4.5 inches high and 5 inches wide. Determine the widest piece of mail able to ?t in the mailbox without bending? a. 9.5 inches b. 2.2 inches c. 6.7 in

The equation of the tangent, Consider the function f(x) = 2x 2 + 1. Find ...

Consider the function f(x) = 2x 2 + 1. Find the equation of the tangent to the graph of f(x) at x = 2. [NOTE: when calculating f'(2), use first principles.

Determine the transfer function, A digital filter has zero at z=a and poles...

A digital filter has zero at z=a and poles at z=b andz=c, where a, b, c are the real constants. Determine the transfer function and the frequency response function of the filter an

Determine boolean conjunctive query are cyclic or acyclic, Are the followin...

Are the following Boolean conjunctive queries cyclic or acyclic? (a) a(A,B) Λ b(C,B) Λ c(D,B) Λ d(B,E) Λ e(E,F) Λ f(E,G) Λ g(E,H). (b) a(A,B,C) Λ b(A,B,D) Λ c(C,D) Λ d(A,B,C,

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd