Probability interpretations

From formulasearchengine
Revision as of 19:10, 27 January 2014 by en>Jochen Burghardt (mentioned Carnap's naming "prob.1" / "prob.2"; to be used as target of REDIRECTs for both names)
Jump to navigation Jump to search

Template:Probability fundamentals In Kolmogorov's probability theory, the probability P of some event E, denoted , is usually defined in such a way that P satisfies the Kolmogorov axioms, named after the famous Russian mathematician Andrey Kolmogorov, which are described below.

These assumptions can be summarised as: Let (Ω, F, P) be a measure space with P(Ω)=1. Then (Ω, F, P) is a probability space, with sample space Ω, event space F and probability measure P.

An alternative approach to formalising probability, favoured by some Bayesians, is given by Cox's theorem.

Axioms

First axiom

The probability of an event is a non-negative real number:

where is the event space. In particular, is always finite, in contrast with more general measure theory. Theories which assign negative probability relax the first axiom.

Second axiom

Fitter (General ) Cameron Broadbent from Stevensville, spends time with hobbies including metal detection, property developers in singapore and psychology. Finds encouragement by making vacation to Tomb of Askia.

Have a look at my page; condo for Sale This is the assumption of unit measure: that the probability that some elementary event in the entire sample space will occur is 1. More specifically, there are no elementary events outside the sample space.

This is often overlooked in some mistaken probability calculations; if you cannot precisely define the whole sample space, then the probability of any subset cannot be defined either.

Third axiom

This is the assumption of σ-additivity:

Any countable sequence of disjoint (synonymous with mutually exclusive) events satisfies

Some authors consider merely finitely additive probability spaces, in which case one just needs an algebra of sets, rather than a σ-algebra. Quasiprobability distributions in general relax the third axiom.

Consequences

From the Kolmogorov axioms, one can deduce other useful rules for calculating probabilities.

Monotonicity

The probability of the empty set

The numeric bound

It immediately follows from the monotonicity property that

Proofs

The proofs of these properties are both interesting and insightful. They illustrate the power of the third axiom, and its interaction with the remaining two axioms. When studying axiomatic probability theory, many deep consequences follow from merely these three axioms. In order to verify the monotonicity property, we set and , where for . It is easy to see that the sets are pairwise disjoint and . Hence, we obtain from the third axiom that

Since the left-hand side of this equation is a series of non-negative numbers, and that it converges to which is finite, we obtain both and . The second part of the statement is seen by contradiction: if then the left hand side is not less than

If then we obtain a contradiction, because the sum does not exceed which is finite. Thus, . We have shown as a byproduct of the proof of monotonicity that .

More consequences

Another important property is:

This is called the addition law of probability, or the sum rule. That is, the probability that A or B will happen is the sum of the probabilities that A will happen and that B will happen, minus the probability that both A and B will happen. This can be extended to the inclusion-exclusion principle.

That is, the probability that any event will not happen is 1 minus the probability that it will.

Simple example: coin toss

Consider a single coin-toss, and assume that the coin will either land heads (H) or tails (T) (but not both). No assumption is made as to whether the coin is fair.

We may define:

Kolmogorov's axioms imply that:

The probability of neither heads nor tails, is 0.

The probability of either heads or tails, is 1.

The sum of the probability of heads and the probability of tails, is 1.

See also

Template:No footnotes

Further reading

  • Von Plato, Jan, 2005, "Grundbegriffe der Wahrscheinlichkeitsrechnung" in Grattan-Guinness, I., ed., Landmark Writings in Western Mathematics. Elsevier: 960-69. (in English)
  • Many property agents need to declare for the PIC grant in Singapore. However, not all of them know find out how to do the correct process for getting this PIC scheme from the IRAS. There are a number of steps that you need to do before your software can be approved.

    Naturally, you will have to pay a safety deposit and that is usually one month rent for annually of the settlement. That is the place your good religion deposit will likely be taken into account and will kind part or all of your security deposit. Anticipate to have a proportionate amount deducted out of your deposit if something is discovered to be damaged if you move out. It's best to you'll want to test the inventory drawn up by the owner, which can detail all objects in the property and their condition. If you happen to fail to notice any harm not already mentioned within the inventory before transferring in, you danger having to pay for it yourself.

    In case you are in search of an actual estate or Singapore property agent on-line, you simply should belief your intuition. It's because you do not know which agent is nice and which agent will not be. Carry out research on several brokers by looking out the internet. As soon as if you end up positive that a selected agent is dependable and reliable, you can choose to utilize his partnerise in finding you a home in Singapore. Most of the time, a property agent is taken into account to be good if he or she locations the contact data on his website. This may mean that the agent does not mind you calling them and asking them any questions relating to new properties in singapore in Singapore. After chatting with them you too can see them in their office after taking an appointment.

    Have handed an trade examination i.e Widespread Examination for House Brokers (CEHA) or Actual Property Agency (REA) examination, or equal; Exclusive brokers are extra keen to share listing information thus making certain the widest doable coverage inside the real estate community via Multiple Listings and Networking. Accepting a severe provide is simpler since your agent is totally conscious of all advertising activity related with your property. This reduces your having to check with a number of agents for some other offers. Price control is easily achieved. Paint work in good restore-discuss with your Property Marketing consultant if main works are still to be done. Softening in residential property prices proceed, led by 2.8 per cent decline within the index for Remainder of Central Region

    Once you place down the one per cent choice price to carry down a non-public property, it's important to accept its situation as it is whenever you move in – faulty air-con, choked rest room and all. Get round this by asking your agent to incorporate a ultimate inspection clause within the possibility-to-buy letter. HDB flat patrons routinely take pleasure in this security net. "There's a ultimate inspection of the property two days before the completion of all HDB transactions. If the air-con is defective, you can request the seller to repair it," says Kelvin.

    15.6.1 As the agent is an intermediary, generally, as soon as the principal and third party are introduced right into a contractual relationship, the agent drops out of the image, subject to any problems with remuneration or indemnification that he could have against the principal, and extra exceptionally, against the third occasion. Generally, agents are entitled to be indemnified for all liabilities reasonably incurred within the execution of the brokers´ authority.

    To achieve the very best outcomes, you must be always updated on market situations, including past transaction information and reliable projections. You could review and examine comparable homes that are currently available in the market, especially these which have been sold or not bought up to now six months. You'll be able to see a pattern of such report by clicking here It's essential to defend yourself in opposition to unscrupulous patrons. They are often very skilled in using highly unethical and manipulative techniques to try and lure you into a lure. That you must also protect your self, your loved ones, and personal belongings as you'll be serving many strangers in your home. Sign a listing itemizing of all of the objects provided by the proprietor, together with their situation. HSR Prime Recruiter 2010

External links