Probability
Understanding Probability
- Grasp the concept of probability, which is the likelihood of an event happening.
- Explore different types of probability including experimental, theoretical and subjective probabilities.
- Understand that probabilities can be represented as fractions, decimals or percentages.
- Remember that the sum of all possibilities in an event space is always equal to 1.
- Familiarise yourself with conditional probability, which is the probability of an event given that another event has occurred.
Probability Laws
- Appreciate the role of addition law and multiplication law in probability and know when to apply each.
- Realise the difference between independent and dependent events and how this affects the calculation of probabilities.
- Decode mutually exclusive and non-mutually exclusive events.
Understanding Probability Distributions
- Get comfortable with probability mass functions for discrete random variables and probability density functions for continuous random variables.
- Recognise the expected value (mean), variance, and standard deviation of a probability distribution.
- Study binomial and normal distributions, two of the most common probability distributions you’ll encounter.
Probability In Events
- Recognize the components of events and outcomes and how these make up sample spaces.
- Use tree diagrams, Venn Diagrams, and tables to represent and calculate probabilities in complex scenarios.
Worked Examples and Problem-Solving
- Solidify your understanding through worked examples. Start from simpler problems and gradually increase difficulty.
- Practice using formulas and laws of probability accurately.
- Focus on understanding and interpreting real-life situations involving probability.
- Don’t shy away from challenging probability problems; perseverance can lead to deeper understanding of concepts.
- Always review your solutions to learn from any mistakes and improve your problem-solving skills in probability.