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 out function is increasing and decreasing, Find out where the followin...

Find out where the following function is increasing & decreasing. A (t ) = 27t 5 - 45t 4 -130t 3 + 150 Solution As with the first problem first we need to take the

Harmonic mean, If a, b and c are in harmonic progression with b as th...

If a, b and c are in harmonic progression with b as their harmonic mean then, b  = This is obtained as follows. Since a, b and c are in

Solid geomerty, find the equation to the sphere through the circle xsqaure+...

find the equation to the sphere through the circle xsqaure+ysquare+zsquare+=9 , 2x+3y+4z=5

Estimate the position of an object at any time, The position of an object a...

The position of an object at any time t (in hours) is specified by, s (t ) = 2t 3 - 21t 2 + 60t -10 Find out when the object is moving to the right and whiles the object

Complex numbers, How t determine locus of a goven point

How t determine locus of a goven point

Arc length with vector functions - three dimensional space, Arc Length with...

Arc Length with Vector Functions In this part we will recast an old formula into terms of vector functions.  We wish to find out the length of a vector function, r → (t) =

Permatuation and combination problem, A,B,C are natural numbers and are in ...

A,B,C are natural numbers and are in arithmetic progressions and a+b+c=21.then find the possible values for a,b,c Solution) a+b+c=21 a+c=2b 3b=21 b=7 a can be 1,2,3,4,5,6 c c

Compute the essential matrix and epipolar lines , 1. In Figure there are th...

1. In Figure there are three cameras where the distance between the cameras is B, and all three cameras have the same focal length f. The disparity dL = x0 - xL, while the disparit

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