Chapter 5: Probability Concept

Chapter 5: Probability Concept

1. What is Probability?

   • A value between zero and one

2. Counting Rules

   • Permutation
   • Combination

3. Bayes'theorem

4. Contingency Table

5. Special Rule of Multiplication [P(A and B) = P(A)P(B)]

   • Conditionality Probability [P(A|B)]
   • General Rule of Multiplication [P(A and B) = P(A)P(B|A)]

6. Joint Probability

7. Rules of Addition

   • Special Rules of Addition [P(A or B) = P(A) + P(B)]
   • General Rules of Addition [P(A or B) = P(A) + P(B) - P(A and B)

8. Way to Assign Probability

   • Classical Probability
   • Empirical Probability
   • Subjective Probability

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