Monday, April 25, 2016

Language of Probability

Thought I would post some helpful information in regards to the language of probability. Please remember to complete questions 1-5 of your homework!

Also, do not forget that you should be continuing to work on both your book talks and "Pear Island" assignment.

Language of Probability

In day to day life there are also many other places where the language of probability is also used.
  • The chance of rain today is 75%. 
  • A medication has an effectiveness of 90%
  • 4 in 5 people agree that a particular brand of toothpaste is more effective than another.
  • Most likely the supermarket would have the brand of milk I want to purchase.
A probability continuum is one way to visualise the scale of likelihoods.  
  • CERTAIN is when something will definitely occur.  We assign a value of 1, or 100% to the probability of certain.  For example, if I were to roll a standard dice, it is certain that I will roll a number less than 10.   
  • IMPOSSIBLE is when something can not occur.  We assign a value of 0, or 0% to the probability of impossible.  For example, if I were draw a card from a standard pack of playing cards, it is impossible that I would pull out a card with a 27 on it!
  • Exactly half way along this continuum, we find the value of 1/2, or 50%.  We call this EVEN CHANCE, or EQUALLY LIKELY. For example, if I were toss a fair coin I could get a head or a tail.  Both of these have an even chance of occuring.  
  • Anywhere between impossible and even chance (values between 0 and 50%) we call not likely, or unlikely.
  • Anywhere between even chance and certain (values between 50% and 100%) we call likely.
  • Between impossible or unlikely (0-25%) would be considered very unlikely
  • Between 75-99.99% would be probable/very/highly likely

Experimental probability

Example: Travel Survey

92 people were asked how they got to work:
  • 35 used a car
  • 42 took public transport
  • 8 rode a bicycle
  • 7 walked
The Relative Frequencies (to 2 decimal places) are:
  • Car: 35/92 = 0.38=38% of people responded they got to work by car.
  • Public Transport: 42/92 = 0.46=46%
  • Bicycle: 8/92 = 0.09=9%
  • Walking: 7/92 = 0.08=8%
0.38+0.46+0.09+0.08 = 1.01
(It would be exactly 1 if we had used perfect accuracy),


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