Page 265 - Probability Demystified
P. 265

256                                                                  INDEX

                                 Game theory 187–197                  Optimal strategy 193
                                 Gauss, Carl F. 21, 175               Outcome 2
                                 Gaussian distribution 175              equally likely 2
                                 Geometric distribution 136–138
                                 Graunt, John 221
                                                                      Pascal, Blaise 20, 128
                                                                      Pascal’s triangle 128–130
                                 Hardy, G.H. 92                       Payoff 187
                                 Hypergeometric distribution 134–135  Payoff table 188
                                 Huygens, Christian 21, 221           Pearson, Karl 175
                                                                      Permutation 99
                                 Independent events 57                Permutation rules 99–101
                                                                      Poisson distribution 21, 139–140
                                                                      Poisson, Simeon 21, 139–140
                                 Kasparov, Garry 208
                                                                      Population 12
                                                                      Probability 1
                                 Laplace, Pierre Simon 21, 175
                                                                        classical 3–7
                                 Law of averages 74, 75
                                                                        empirical 11–13
                                 Law of large numbers 15–16
                                                                        subjective 16
                                 Long run average 83
                                                                      Probability distribution 115
                                 Lotteries 145–146
                                                                        continuous 115
                                                                        discrete 115
                                 Mean 83, 121, 148                    Probability experiment 2
                                 Median 148                           Probability rules 5–7
                                 Median future lifetime 217
                                 Mendel, Gregor 92                    Quetelet, Adolphe 175
                                 Mode 149
                                                                      Quincunx 176
                                 Monte Carlo method 21, 178
                                 Mortality table 211, 220–221
                                 Multinomial distribution 132         Random numbers 178
                                 Multiplication rules 56–70           Random variables 115
                                   dependent events 57                Range 150
                                   independent events 57              Relative frequency probability 12
                                 Mutually exclusive events 44
                                                                      Sample 12
                                                                      Sample space 2, 22–36
                                 Normal probability distribution 156–171
                                                                      Simple event 3
                                   definition 156
                                                                      Simulation 177–184
                                   properties 156
                                                                      Slot machine 21
                                   standard 161–171
                                                                      Standard deviation 122–124, 151–152
                                                                      Standard normal distribution 161–171
                                 Odds 77–80                           Statistics 147
                                   against 78–80                      Straight life insurance 215
                                   in favor 78–80                     Strategy 187
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