### Lesson Objectives – the students should be able to:

- Define Probability
- Learn different terms used in Probability
- Differentiate types of Probability
- Could predict an outcome using Subjective Probability
- Could predict an outcome using Empirical Probability
- Learn the additional rule
- Learn the conditional probability and the multiplication rule

### LESSON OUTLINE:

- Definition of terms
- Subjective Probability
- Classical Probability / Theoretical Probability
- Empirical Probability / Statistical Probability
- Law of Large Number
- Complementary Events
- The Addition Rule
- Conditional Probability and the Multiplication Rule
- The AND Rule of Probability
- NOT Rule
- Combining the Rules
- Summary
- Seatwork/Exercies
- Homework

### Probability and Statistics Lecture 8

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