Solved
Probability - ✅✅ ______ that an event will occur is the relative frequency with
which that event can be expected to occur
P - ✅✅ theoretical probability
P' - ✅✅ empirical probability
Sample Space - ✅✅ the set of all possible outcomes of an experiment
Sample Points - ✅✅ the individual outcomes in a sample space
Event - ✅✅ any subset of a sample space
A Complement - ✅✅ the set of all sample points in the sample space that do not
belong to A
Compound Event - ✅✅ any event made up of two or more sample events
P(A or B) - ✅✅ probability that either A or B occurs
Mutually Exclusive - ✅✅ events cannot happen at the same time
General Addition Rule - ✅✅ P(A or B) = P(A) + P(B) - P(A and B)
Population - ✅✅ the entire collection of individuals or objects about which
information is desired. May be considered to be finite or infinite
Census - ✅✅ a collection of data from every member of the population
Sample - ✅✅ a sub-collection or subset of a population selected for study
Parameter - ✅✅ a numerical characteristic of a population
Statistic - ✅✅ a numerical characteristic of a sample