Decks in this Class (17):

A
A
Sample Cards:random variable,outcome,event5 CardsPreview Flashcards 
B
B
Sample Cards:the two defining properties of probabili,empirical probabilities objective does n,subjective probabilities4 CardsPreview Flashcards 
A Define A Random Variable An Outcome An
a define a random variable, an outcome, an event, mutually exclusive events, and exhaustive events;
0 CardsPreview Flashcards 
B State The Two Defining Properties Of P
b state the two defining properties of probability and distinguish among empirical, subjective, and a priori probabilities;
0 CardsPreview Flashcards 
C State The Probability Of An Event In T
c state the probability of an event in terms of odds for and against the event;
0 CardsPreview Flashcards 
D Distinguish Between Unconditional And
d distinguish between unconditional and conditional probabilities;
0 CardsPreview Flashcards 
E Explain The Multiplication Addition An
e explain the multiplication, addition, and total probability rules;
0 CardsPreview Flashcards 
F Calculate And Interpret 1 The Joint Pr
f calculate and interpret 1) the joint probability of two events, 2) the probability that at least one of two events will occur, given the probability of each and the joint probability of the two events, and 3) a joint probability of any number of independent events;
0 CardsPreview Flashcards 
G Distinguish Between Dependent And Inde
g distinguish between dependent and independent events;
0 CardsPreview Flashcards 
H Calculate And Interpret An Uncondition
h calculate and interpret an unconditional probability using the total probability rule;
0 CardsPreview Flashcards 
I Explain The Use Of Conditional Expecta
i explain the use of conditional expectation in investment applications;
0 CardsPreview Flashcards 
J Explain The Use Of A Tree Diagram To R
j explain the use of a tree diagram to represent an investment problem;
0 CardsPreview Flashcards 
K Calculate And Interpret Covariance And
k calculate and interpret covariance and correlation;
0 CardsPreview Flashcards 
L Calculate And Interpret The Expected V
l calculate and interpret the expected value, variance, and standard deviation of a random variable and of returns on a portfolio;
0 CardsPreview Flashcards 
M Calculate And Interpret Covariance Giv
m calculate and interpret covariance given a joint probability function;
0 CardsPreview Flashcards 
N Calculate And Interpret An Updated Pro
n calculate and interpret an updated probability using Bayes’ formula;
0 CardsPreview Flashcards 
O Identify The Most Appropriate Method T
o identify the most appropriate method to solve a particular counting problem, and solve counting problems using factorial, combination, and permutation concepts.
0 CardsPreview Flashcards