maths project
maths project
On
Probability
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Abstract
We deal with different types of events whose outcomes are not
pre-known. There are uncertainties in such events. For
example, road accidents are probable but not certain. Similarly,
on tossing a coin it is not well known if we will get head or tail.
Similarly, birth and death are the uncertain life phenomena;
mutation in open environmental conditions is uncertain; the
price of share in open market is uncertain. In case of such
uncertainty the knowledge of probability is very helpful in
making mathematical decisions or for making most probable
speculations. So this project is going to deal with the study of
probability and its distributions including its applications for
the calculation of possibilities of some desired outcomes of a
non-deterministic event.
Objectives
The main objective of this project is to do a detail study on
the various aspects of theory of probability. This project
deals with the history of probability and probability
distributions in brief along with the detail study of
binomial probability distribution and its applications.
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Table of Contents
Contents……………………………………………………………… Page no.
1. Introduction to Probability Distribution ……………………………. 4
2. Probability and its Example …………………………………………………… 4
3. Types of Probability ………………………………………………………………… 4
4. History of Probability ……………………………………………………………… 5
5. Probability Distributions ………………………………………………………… 7
6. Types of Probability Distributions ……………………………………….. 7
7. Example of a Probability Distribution …………………………………. 7
8. Binomial Distribution ……………………………………………………………… 8
9. Basic Assumptions that Binomial distribution is based …… 8
10. Probability function of the Binomial distribution …………….. 8
11. Mean and Standard deviation of Binomial distribution …… 9
12. Characteristics of Binomial distribution …………………………….. 9
13. Applications ( Examples ) of Binomial Probability
distributions ……………………………………………………………………………… 10
Conclusions ………………………………………………………………………………. 13
References …………………………………………………………………………………. 14
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Introduction to Probability Theory
Probability theory is a branch of mathematics concerned with the analysis of
random phenomena. The outcome of a random event cannot be determined
before it occurs, but it may be any one of several possible outcomes. The actual
outcome is considered to be determined by chance. The fundamental ingredient
of probability theory is an experiment that can be repeated, at least
hypothetically, under essentially identical conditions and that may lead to
different outcomes on different trials.
Types of Probability
There are three major types of probabilities:
1. Theoretical Probability
2. Experimental Probability
3. Axiomatic Probability
Theoretical Probability
It is based on the possible chances of something to happen. The theoretical
probability is mainly based on the reasoning behind probability. For
example, if a coin is tossed, the theoretical probability of getting a head will
be ½.
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Experimental Probability
It is based on the basis of the observations of an experiment.
The experimental probability can be calculated based on the number of
possible outcomes by the total number of trials. For example, if a coin is
tossed 10 times and heads is recorded 6 times then, the experimental
probability for heads is 6/10 or, 3/5.
Axiomatic Probability
In axiomatic probability, a set of rules or axioms are set which applies to all
types. These axioms are set by Kolmogorov and are known
as Kolmogorov’s three axioms. With the axiomatic approach to
probability, the chances of occurrence or non-occurrence of the events can
be quantified.
History of Probability
"A gambler's dispute in 1654 led to the creation of a mathematical theory of
probability by two famous French mathematicians, Blaise Pascal and Pierre
de Fermat. Antoine Gombaud, Chevalier de Méré, a French nobleman with
an interest in gaming and gambling questions, called Pascal's attention to an
apparent contradiction concerning a popular dice game. The game consisted
in throwing a pair of dice 24 times; the problem was to decide whether or not
to bet even money on the occurrence of at least one "double six" during the
24 throws. A seemingly well-established gambling rule led de Méré to
believe that betting on a double six in 24 throws would be profitable, but his
own calculations indicated just the opposite.
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probability; entitled De Ratiociniis in Ludo Aleae, it was a treatise on
problems associated with gambling. Because of the inherent appeal of games
of chance, probability theory soon became popular, and the subject developed
rapidly during the 18th century. The major contributors during this period
were Jakob Bernoulli (1654-1705) and Abraham de Moivre (1667-1754).
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Probability Distributions
A probability distribution is a statistical function that describes all the
possible values and likelihoods that a random variable can take within a
given range. This range will be bounded between the minimum and
maximum possible values, but precisely where the possible value is likely to
be plotted on the probability distribution depends on a number of factors.
These factors include the distribution's mean (average), standard
deviation, skewness, and kurtosis.
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Binomial Distribution
In probability theory and statistics, the binomial distribution is the discrete
probability distribution that gives only two possible results in an
experiment, either Success or Failure. For example, if we toss a coin, there
could be only two possible outcomes: heads or tails, and if any test is taken,
then there could be only two results: pass or fail. This distribution is also
called a binomial probability distribution.
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P(r) = P(x=r) = Probability of r successes in n trials
= nCr pr qn-r
= C(n, r) pr qn-r
This is known as the probability mass function for the random variable X; n
and p (or q) being the two parameters.
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5. If p < ½, the binomial distribution is positively skewed and if
p > ½, it is negatively skewed.
r n-r
r n-r
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3. Out of 40 students in a class, 8 are girls. If 5 students are
selected, find the probability that i) one student is a boy ii) 3 are
boys and 2 girls iii) at least one student is a boy
r n-r
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4. If 3 dice are thrown simultaneously, what is the probability of
getting i) no five ii) two fives iii) three fives.
Solution:
n = no. of dice = 3
p= probability of getting five (success) =
q= 1 – p = 1 − =
Using binomial distribution,
P(X=r) = C(n, r) pr qn-r
= C(3, r)
i) P(no five) = P(r=0)
= C(3, 0)
=
ii) P(two fives) = P(r=2)
= C(3, 2)
=
iii) P(three fives) = P(r=3)
= C(3, 3)
=
Conclusions
Thus, from this project it can be concluded that the probability that is a
mathematical concept for the calculation of possibilities of some desired
outcomes of a non-deterministic event was originated due to a gambler’s
dispute in 1654 in a Paris Casino. Probability distributions are a common way
to describe, and possibly predict, the probability of an event. Among the
various types of probability distributions, one is binomial distribution which is
based on two types of outcomes (i.e. success and failure).
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References
1. https://www.britannica.com/science/probability-
theory
2. https://byjus.com/maths/probability/
3. http://homepages.wmich.edu/~mackey/Teaching/145/
probHist.html
4. https://www.investopedia.com/terms/p/probabilitydis
tribution.asp
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