Chapter 7. How to Measure Uncertainty With Probability. Homework 12. Read pages pages 454 - 470. LDI: 7.20, 7.22 7.24 Exercises: 7.47, 7.48, 7.50, 7.59. Random Variables.
How to Measure Uncertainty With Probability
There are eight possible individual outcomes in this sample space. Since the coin is assumed to be fair, the eight outcomes can be assumed to be equally likely (that is, the probability assigned to each individual outcome is 1/8).
Where p = the probability of success in a single trial
q = 1 – p (probability of failure)
n = number of independent trials
x = number of successes in the n trials