Definition of Probability
•Probability measures how likely an event is to
occur.
• Formula: P(A) = m/n, where m = favorable
outcomes, n = total outcomes.
• Range: 0 ≤ P(A) ≤ 1.
• Example: Probability of getting a head in a
coin toss = 1/2.
3.
Addition Law ofProbability
• For any two events A and B:
• P(A B) = P(A) + P(B) - P(A ∩ B)
∪
• If mutually exclusive: P(A B) = P(A) + P(B).
∪
• Example: Probability of drawing a red or a king
card from a deck.
4.
Multiplication Law ofProbability
• P(A ∩ B) = P(A) × P(B|A)
• If independent, P(A ∩ B) = P(A) × P(B).
• Example: Probability of getting two heads in
two coin tosses = 1/4.
5.
Mathematical Expectation
• Expectedvalue (mean) of a random variable X:
• E(X) = ΣxP(x)
• It gives the long-run average of outcomes.
• Example: For X = {1,2,3} with
P(X)={0.2,0.5,0.3}, E(X)=2.1
6.
Binomial Distribution
• Usedwhen trials are independent with two
outcomes.
• Formula: P(X=r)=C(n,r)p^r q^(n−r)
• Mean=np, Variance=npq.
• Example: Find P(X=2) when n=5, p=0.4.
• Solution: P(X=2)=C(5,2)(0.4)^2(0.6)^3=0.3456
Normal Distribution
• Continuous,symmetric, bell-shaped curve.
• Formula: f(x)=1/(σ√(2π)) e^{-(x−μ)²/(2σ²)}
• Mean=μ, Variance=σ².
• Example: Marks ~ N(70,10²), find P(60<X<80)
using Z-scores.
9.
Joint, Marginal &Conditional
Distributions
• Joint: P(X=x, Y=y)
• Marginal: P(X=x)=Σ P(X=x, Y=y)
• Conditional: P(X=x|Y=y)=P(X=x,Y=y)/P(Y=y).
• Example: Table of probabilities for X and Y.
10.
Moment Generating Function
(MGF)
•MGF: M_X(t)=E(e^{tX})
• Helps find moments: E(X)=M'(0),
Var(X)=M''(0)−[M'(0)]².
• Example: For Poisson(λ),
M_X(t)=exp[λ(e^t−1)].