## Basic Theoretical Concepts : Study Notes, Problems/Solutions, Questions/Answers |

## Basic Theoretical Concepts : Study Notes, Problems/Solutions, Questions/Answers |

Probability • Basic Theoretical Concepts

01. Probability : What it is?

01. Probability : Meaning, Synonyms, Antonyms

02. Probability » The Chance of occurrence

03. Occurrence » The three possibilities - For Sure or Always - Never - May or may not

04. 200%, 300%,.... 1000% Chance!!

02. Deterministic and Random Experiment02. Probability » The Chance of occurrence

03. Occurrence » The three possibilities - For Sure or Always - Never - May or may not

04. 200%, 300%,.... 1000% Chance!!

01. Classification of Experiments

02. Deterministic/Predictable Experiment

03. Probabilistic/Indeterministic/Unpredictable Experiment

04. Random Experiment, At Random

03. Trial, Experiment, Event, Result, Outcome, in Probability02. Deterministic/Predictable Experiment

03. Probabilistic/Indeterministic/Unpredictable Experiment

04. Random Experiment, At Random

01. What is a Trial?

02. Trial vs. Experiment

03. Event or Outcome

04. An Event is what we define it to be

04. Compound, Complex, Composite, Elementary, Simple, Events :: Probability05. Mutually-Exclusive/Incompatible & Non-Mutually-Exclusive/Compatible Events :: Probability02. Trial vs. Experiment

03. Event or Outcome

04. An Event is what we define it to be

01. Mutually Exclusive or Incompatible Events

02. To be mutually exclusive - all possible events need not be taken into consideration

03. Non/Not Mutually Exclusive or Compatible Events

04. Pairwise Exclusive Events

06. Equally Likely, Exhaustive, Not-Exhaustive Events :: Probability02. To be mutually exclusive - all possible events need not be taken into consideration

03. Non/Not Mutually Exclusive or Compatible Events

04. Pairwise Exclusive Events

01. Equally likely events

02. Equally likely & Mutually Exclusive are distinct characteristics

03. Exhaustive Events

04. Non/Not Exhaustive Events

05. If a Single Event is exhaustive, it is a Certain Event

06. Event(s) taken together with exhaustive events will form exhaustive events

07. Exhaustive events may be either mutually exclusive or not mutually exclusive

08. Exhaustive events may be either equally likely or not equally likely

07. Favorable/Unfavourable Total/Possible Choices/Cases/Events Successes/Failures - Experiment :: Probability02. Equally likely & Mutually Exclusive are distinct characteristics

03. Exhaustive Events

04. Non/Not Exhaustive Events

05. If a Single Event is exhaustive, it is a Certain Event

06. Event(s) taken together with exhaustive events will form exhaustive events

07. Exhaustive events may be either mutually exclusive or not mutually exclusive

08. Exhaustive events may be either equally likely or not equally likely

01. Possible Choices or Cases or Events or Outcomes

02. Favourable/Favorable cases/choices/events/outcomes or Successes

03. UnFavourable/UnFavorable cases/choices/events/outcomes or Failures

08. Odds in favor/favour of an event - Odds against an event02. Favourable/Favorable cases/choices/events/outcomes or Successes

03. UnFavourable/UnFavorable cases/choices/events/outcomes or Failures

01. Events

None.

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