Subjective probability is the probability assigned to an event based on subjective judgment, experience, information, and belief.

Subjective probability is assigned arbitrarily.

Conditional Probability probability of a single event without consideration of any other event.

Conditional Probability is the probability that an event will occur given that another event has already occurred.

is also called simple probability

if p(A) = 5 , p(B) = 25 , P(A Union B) = 125 , P(A Intersection B) =25 then P(A| B) =

P(A|B) = P(A) : dependent

cannot occur together

Two events are said to be …. if the occurrence of one does not affect the probability of th

if A , B are Independent Then P(A | B) =

P(A) + P(A’) = …

P ( A or B) =

random variable is a variable whose value is determined by the outcome of a random experiment.

random variable that assumes ...... values is called a discrete random variable.

The probability of the intersection of two events is called their … probability

In independent events P(A and B) = ..

lists all the possible values that the random variable can assume and their corresponding probabilities,

random variable that assumes countable values is called a Continues random variable.

The probability distribution of a discrete random variable can be presented in the form of a mathematical formula, a table, or a graph

A random variable that can assume any value contained in one or more intervals is called a ........... random variable