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

Find an example of congruential unit random number generator, 1. Suppose th...

1. Suppose the arrival times of phone calls in a help centre follow a Poisson process with rate 20 per hour (so the inter-arrival times are independent exponential random variables

Domain and range of a function , Domain and range of a functio:  One of th...

Domain and range of a functio:  One of the more significant ideas regarding functions is that of the domain and range of a function. In simplest world the domain of function is th

#Regular Expression, Find the Regular Grammar for the following Regular Exp...

Find the Regular Grammar for the following Regular Expression: a(a+b)*(ab*+ba*)b.

The sum of two integers is 36 what is the smaller number, The sum of two in...

The sum of two integers is 36, and the difference is 6. What is the smaller of the two numbers? Let x = the ?rst integer and let y = the second integer. The equation for the su

Cartesian Coordinates, In the view below of the robot type of Cartesian Coo...

In the view below of the robot type of Cartesian Coordinates, is not the "Z" and "Y" coordinates reversed? http://www.expertsmind.com/topic/robot-types/cartesian-coordinates-91038

Find out the variance and standard deviation, The probability of a rare dis...

The probability of a rare disease striking a described population is 0.003. A sample of 10000 was examined. Determine the expected no. suffering from the disease and thus find out

Properties of exponential form, Properties 1.   The domain of the logar...

Properties 1.   The domain of the logarithm function is (0, ∞ ) .  In other terms, we can just plug positive numbers into a logarithm! We can't plug in zero or a negative numbe

Right angle triangle, If the points for a right angle triangle are XYZ wher...

If the points for a right angle triangle are XYZ where do I mark the points?

Divide by 1-digit numbers, which experession can be used to check the quoti...

which experession can be used to check the quotient 646 divided by 3

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