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

Ravens played 25 home games how many games did they win, The Ravens played ...

The Ravens played 25 home games this year. They had 9 losses and 2 ties. How many games did they win? Eleven games are accounted for along with the losses and ties (9 + 2 = 11)

Home work, can you hepl me with my home i dont understand it!!!

can you hepl me with my home i dont understand it!!!

Theory of sets, finite or infinite 1]A={4,5,6,....}

finite or infinite 1]A={4,5,6,....}

Geometria, un prisma retto ha per base un rombo avente una diagonale lunga ...

un prisma retto ha per base un rombo avente una diagonale lunga 24cm. sapendo che la superficie laterale e quella totale misurano rispettivamente 2800cm e3568cm ,calcola la misura

Prove that bd/cd = bf/ce, In the given figure, ∠AEF=∠AFE and E is the mid-p...

In the given figure, ∠AEF=∠AFE and E is the mid-point of CA. Prove that BD/CD = BF/CE Ans:    Draw CG ¦DF In ΔBDF CG ¦ DF ∴ BD/CD = BF/GF     .............(1)

Circles - common polar coordinate graphs, Circles - Common Polar Coordinate...

Circles - Common Polar Coordinate Graphs Let us come across at the equations of circles in polar coordinates. 1. r = a . This equation is saying that there is no matter

What is the probability in which she gets heads further flip, Jennifer ?ipp...

Jennifer ?ipped a coin three times and got heads each time. What is the probability in which she gets heads on the further ?ip? The probability of heads does not modify based o

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