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

Weight, if an object weighed 11 pounds how many ounces would it weigh

if an object weighed 11 pounds how many ounces would it weigh

Hypergeometric distribution, Hypergeometric Distribution Consider the p...

Hypergeometric Distribution Consider the previous example of the batch of light bulbs. Suppose the Bernoulli experiment is repeated without replacement. That is, once a bulb is

Example of multiplication of complex numbers, Multiply following and write ...

Multiply following and write the answers in standard form.  (a) 7 i ( -5 + 2 i )  (b) (1 - 5 i ) ( -9 + 2 i ) Solution (a) Thus all that we have to do is distribu

Least cost method in operations research, algorithm and numerical examples ...

algorithm and numerical examples of least cost method

Trignometery., using the formula sin A =under root 1+ cos2A /2 . find value...

using the formula sin A =under root 1+ cos2A /2 . find value of 30 degree, it is being given that cos 60 degree =1/2.

Heat loss in a cylindrical pipe, which laws of physics are used to discuss ...

which laws of physics are used to discuss heat loss in a pipe

Derive a boolean first-order query, Consider a database whose universe is a...

Consider a database whose universe is a finite set of vertices V and whose unique relation .E is binary and encodes the edges of an undirected (resp., directed) graph G: (V, E). Ea

Numerical analysis, just give me some tips to submit a good asignments

just give me some tips to submit a good asignments

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