Tags
#edx-probability
Question
Putting together a probabilistic Model involves two steps:

First step, we describe the [...]

Second step, we describe [...]
possible outcomes of the phenomenon or experiment

our beliefs about the likelihood of the different possible outcomes

Tags
#edx-probability
Question
Putting together a probabilistic Model involves two steps:

First step, we describe the [...]

Second step, we describe [...]
?

Tags
#edx-probability
Question
Putting together a probabilistic Model involves two steps:

First step, we describe the [...]

Second step, we describe [...]
possible outcomes of the phenomenon or experiment

our beliefs about the likelihood of the different possible outcomes
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Lesson 1. Sample space
Putting together a probabilistic Model that is, a model of a random phenomenon or a random experiment involves two steps. First step, we describe the possible outcomes of the phenomenon or experiment of interest. Second step, we describe our beliefs about the likelihood of the different possible outcomes by specifying a probability law. Here, we start by just talking about the first step, namely, the description of the possible outcomes of the experiment. So we carry out an experiment. For example

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