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  • Card 13 / 18:
    Probability

    a number between zero and one, inclusive, that gives the likelihood that a specific event will occur; the foundation of statistics is given by the following 3 axioms (by A.N. Kolmogorov, 1930’s): Let S denote the sample space and A and B are two events in S . Then: 0 ≤ P ( A ) ≤ 1 If A and B are any two mutually exclusive events, then P ( A OR B ) = P ( A ) + P (B). P ( S ) = 1

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Source:  OpenStax, Introductory statistics. OpenStax CNX. May 06, 2016 Download for free at http://legacy.cnx.org/content/col11562/1.18
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