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

Venn diagram, in a class of 55 students, 35 take english, 40 take french, a...

in a class of 55 students, 35 take english, 40 take french, and 5 take other languages.present this information in a venn diagam and determine how many students take both languages

What is partially ordered set, What is Partially Ordered Set?  Let  S = {a,...

What is Partially Ordered Set?  Let  S = {a,b,c} and A = P(S). Draw the Hasse diagram of the poset A with the partial order ⊆ (set inclusion).   Ans: Let R be a relation define

Find the time it takes to slide down, The time in seconds that it takes for...

The time in seconds that it takes for a sled to slide down a hillside inclined at and angle θ is where d is the length of the slope in metres. Find the time it takes to sli

Lisa was assigned 64 pages how many more pages must she read, Lisa was assi...

Lisa was assigned 64 pages to read for English class. She has ?nished of the assignment. How many more pages must she read? If Lisa has read 3/4 of the assignment, she has 1/4

Find the angle of elevation, A 50-foot pole casts a shadow on the ground. ...

A 50-foot pole casts a shadow on the ground. a) Express the angle of elevation θ of the sun as a function of the length s of the shadow. (Hint you may wish to draw this firs

Relationship between the graph and inverse function, Interesting relationsh...

Interesting relationship between the graph of a function and the graph of its inverse : There is one last topic that we have to address quickly before we leave this section.  Ther

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