What properties need to be satisfied in order for a table/function to be considered a valid probability distribution?

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter9: Sequences, Probability And Counting Theory
Section9.7: Probability
Problem 1SE: What term is used to express the likelihood of an event occurring? Are there restrictions on its...
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What properties need to be satisfied in order for a table/function to be considered a valid probability distribution?
Transcribed Image Text:What properties need to be satisfied in order for a table/function to be considered a valid probability distribution?
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Probability distribution arise when we need to quantify uncertainty associated with several events of interest.

Probabilities have origin from the percentage point of view, suppose we are concerned about rainfall in a certain region, and we want to know what percentage of times, the rainfall will occur in a year.

And then, we can answer what should be the probability that it will rain today.

So, due to the interpretation of probability in real life scenarios, we formulate probability as non-negative values.

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