Question

Discrete Probability is the likelihood of an event occurring within a sample space of finite values....

Discrete Probability is the likelihood of an event occurring within a sample space of finite values. Think about flipping a coin. There is some likelihood you will see heads, and some you will see tails. Now think about flipping a coin 2 times. Even though you know the probability is 50/50 (or 50% for each outcome), you may get two heads in a row.

Discrete probability has many applications. Discuss how the myriad applications that discrete probability can be used, but using examples.  

Math   Statistics-And-Probability   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
For this assignment, you will create a sample space for an event, and then calculate probability...
For this assignment, you will create a sample space for an event, and then calculate probability for another. Sample Space Create a sample space for the following procedures and events: Procedure: flip a coin; Event: tails Procedure: rolling dice; Event: even number Include a summary in which you briefly explain the difference between these two events (Hint - not all things are simple...)
Suppose you are flipping an unfair coin 10 times. Let p be the probability of getting...
Suppose you are flipping an unfair coin 10 times. Let p be the probability of getting tails for said coin. Define X to be the number of heads obtained. (a.) Describe the sample space S. (b.) Give the values x for X. (c.) Find the likelihood of rolling exactly four heads. (d.) Find fX(x) .
For each of the following situations, write down the likelihood function L(θ), where θ is the...
For each of the following situations, write down the likelihood function L(θ), where θ is the probability of heads for the coin described. You toss a coin 50 times and see that it came up heads 35 times and tails 15 times. You toss a coin 100 times and see that it came up heads 54 times and tails 45 times. You don't know which way it came up the last time because it rolled into a drain was lost....
Suppose you toss an unfair coin 8 times independently. The probability of getting heads is 0.3....
Suppose you toss an unfair coin 8 times independently. The probability of getting heads is 0.3. Denote the outcome to be 1 if you get heads and 0 if you get tails. 1.Write down the sample space. 2. What is the probability of the event that you get a head or a tail at least once? 3. If you get 8 same toss you will get x dollars, otherwise you will lose one dollar. On average, how large should x...
Probability tells us the chance or likelihood that a particular event will occur. Whether or not...
Probability tells us the chance or likelihood that a particular event will occur. Whether or not we realize it, every day we use probability to make decisions. For instance, when deciding whether to take an umbrella, we check the weather forecast to see the probability that it will rain. In this instance, probability tells us the likelihood that it will rain; however, the decision about taking an umbrella is based on an individual’s willingness to risk getting rained on. Some...
Probability tells us the chance or likelihood that a particular event will occur. Whether or not...
Probability tells us the chance or likelihood that a particular event will occur. Whether or not we realize it, every day we use probability to make decisions. For instance, when deciding whether to take an umbrella, we check the weather forecast to see the probability that it will rain. In this instance, probability tells us the likelihood that it will rain; however, the decision about taking an umbrella is based on an individual’s willingness to risk getting rained on. Some...
Conducting a Simulation For example, say we want to simulate the probability of getting “heads” exactly...
Conducting a Simulation For example, say we want to simulate the probability of getting “heads” exactly 4 times in 10 flips of a fair coin. One way to generate a flip of the coin is to create a vector in R with all of the possible outcomes and then randomly select one of those outcomes. The sample function takes a vector of elements (in this case heads or tails) and chooses a random sample of size elements. coin <- c("heads","tails")...
Every day we all make many decisions. Sometimes they are small, like how long will it...
Every day we all make many decisions. Sometimes they are small, like how long will it take be to get to the grocery store; would I like to see a particular movie or go to a particular restaurant. Think of three decision you have made recently. You do not need to give the details of the decision but answer the following questions. Of the three, did you have "complete" knowledge beforehand of the outcome? If you did not, what was...
I know this is more than one question but it is one problem on my homework...
I know this is more than one question but it is one problem on my homework that I keep missing. Please help. Business Analysis 2372. I keep missing half of them and only have one more try. Thanks Think of observing a large number of independent "trials," or repeats, of some random experiment and let E be some event of interest. For example, the experiment could represent flipping a (possibly weighted) coin or rolling a (possibly weighted) die thousands of...
QUESTION 1 A game is played that costs $1. To play, you roll one six-sided die....
QUESTION 1 A game is played that costs $1. To play, you roll one six-sided die. If you roll a six, you win $5. What is the expected value of this game? a. $0 b. $5 c. $0.50 d. $4.50 QUESTION 2 A class room contains 32 students, 11 of whom are female. If one student is randomly chosen from the room, what is the probability the student is female? Round to the nearest thousandth. 1 points    QUESTION 3...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT