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

How to solve lim 1-cos(x)/1-cos(4x) as x tends to zero, Use L''hopital''s r...

Use L''hopital''s rule  since lim X-->0  1-cos(x)/1-cos(4x)  is in the indeterminate form 0/0 when we apply the limt so by l''hoptital''s rule differentiate the numerator and den

Example of a function - inflection point, 1. (a) Give an example of a funct...

1. (a) Give an example of a function, f(x), that has an inflection point at (1, 4). (b) Give an example of a function, g(x), that has a local maximum at ( -3, 3) and a local min

Assigment, Q1: Find three positive numbers whose sum is 54 and whose produc...

Q1: Find three positive numbers whose sum is 54 and whose product is as large as possible.

Find prime implicants, Let E = xy + y't + x'yz' + xy'zt', find (a)   Pri...

Let E = xy + y't + x'yz' + xy'zt', find (a)   Prime implicants of E,  (b)  Minimal sum for E.  Ans:  K -map for following boolean expression is given as: Prime implic

To find out the perimeter of a triangular give formula, To find out the per...

To find out the perimeter of a triangular region, what formula would you use? The perimeter of a triangle is length of surface a plus length of side b plus length of side c.

Power regression, how can i solve a multi variable power regression equatio...

how can i solve a multi variable power regression equation..? EX: y=a*(x1^b)*(x2^c).... i need to solve with 4 variable....

Decimals, how do u add them together?

how do u add them together?

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

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

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