This preview shows page 1. Sign up to view the full content.
Unformatted text preview: to illustrate concepts. Objectives: At the end of this lesson, you will be able to: 1. Define the sample space of an experiment and relate the set of outcomes to the random variables of interest. 2. Work with conditional probabilities and Bayes theorem. 3. Compute various probabilities associated with simple experiments such as rolling dice and flipping coins. 4. Explain the memoryless property of the exponential distribution and compute various probabilities of events governed by the exponential. 5. Explain the relationship between the exponential distribution and the Poisson distribution. 6. Work with the Poisson to compute various probabilities....
View Full Document
- Spring '08