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

Spring force, Spring, F s We are going to suppose that Hooke's Law wil...

Spring, F s We are going to suppose that Hooke's Law will govern the force as the spring exerts on the object. This force will all the time be present suitably and is F s

How many baseball cards does peter now have, Peter purchased 14 latest base...

Peter purchased 14 latest baseball cards for his collection. This increased the size of his collection through 35%. How many baseball cards does Peter now have? First, you must

Find the probability density function, 1. The lifetime T (in days) of an el...

1. The lifetime T (in days) of an electrical component has reliability function given by: R(t) = e -0.01t for time t > 0. An electrical system consists of four such components. Th

Differential calculus, lim n tends to infintiy ( {x} + {2x} + {3x}..... +{n...

lim n tends to infintiy ( {x} + {2x} + {3x}..... +{nx}/ n2(to the square) )where {X} denotes the fractional part of x? Ans) all no.s are positive or 0. so limit is either positive

Which team should get the ball at the beginning, Why is tossing a coin cons...

Why is tossing a coin considered to be a fair way of deciding which team should get the ball at the beginning of a foot ball match? Ans: equally likely because they are mutual

Algebra 1, the equation of a line that passes through (-3,4) and is perpend...

the equation of a line that passes through (-3,4) and is perpendicular to the line y= -3x + 1 Also Graph the inequality: -3x + y And Use -4.9t(4.9t) + 10t + 1.5 to create a fu

Determine the function f ( x ) , Determine the function f ( x ) .       ...

Determine the function f ( x ) .             f ′ ( x )= 4x 3 - 9 + 2 sin x + 7e x , f (0) = 15 Solution The first step is to integrate to fine out the most general pos

Numeros naturales., Averigua que nùmero de cinco cifras se esconde detras d...

Averigua que nùmero de cinco cifras se esconde detras de las pistas dadas La cifra de las unidades es par, mayor que 6 y coincide con las decenas de mil. La cifra de las decenas se

Detemine multiplying a polynomial by a monomial, Detemine Multiplying a Pol...

Detemine Multiplying a Polynomial by a Monomial? To multiply a polynomial by a monomial, use the distributive property. Let's start by talking about ordinary numbers. Say th

Linear programming problem, I have a linear programming problem that we are...

I have a linear programming problem that we are to work out in QM for Windows and I can''t figure out how to lay it out. Are you able to help me if I send you the problem?

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