Tuesday, June 30, 2020

Mathematical Symbols - Statistics and Probability

Mathematical Symbols are very important to learn mathematics, on using symbols we can easily understand the concepts of topics. 

Generally, Mathematical Symbols can be categorized on their importance in the following ways:

  1. Mathematics symbols - Number
  2. Mathematics symbols Basic
  3. Mathematics symbols - Algebraic
  4. Mathematics symbols - Geometric
  5. Mathematics symbols - Trigonometry
  6. Mathematics symbols - Set Theory
  7. Mathematics symbols - Statistics & Probability
  8. Mathematics symbols - Calculus And Analysis
  9. Mathematics symbols - Logical & Reasoning
  10. Mathematics symbols - Roman
  11. Mathematics symbols Greek
  12. Mathematics symbols Miscellaneous
Now we shall learn /discuss seventh topic Mathematics symbols Statistics and Probability on this post.

Mathematics symbols - Statistics and Probability

 These are very important Basic Tools frequently used by us not only in statistics and Probability but also in Operation Research,  Management as well as in other branches of applied mathematical sciences and engineering.


Table of important Mathematical Symbol of  Probability and Statistics


S.N.
Symbol
Name of Symbol
Definition
Illustration
1
P(A)
Probability Function
Probability of any event A
P(A) = 0.2 or any number between 0 to 1
0 ≤ P (A ≤ 1
2
P(A) = 0
Complete Uncertainty
The event cannot happen
On tossing a coin we shall get prime number.
3
P(A) = 1
Complete certainty
The event will happen definitely
On tossing a die we shall get a number less than 7.
4
P (A ∩ B)
Probability of intersection of events
Probability of Event A and B
P (A ∩ B) = 0.5

5
P (A B)
Probability of union of events
Probability of Event A or B
P (AB) = 0.5

6
P (A / B)
Conditional Probability Function
Probability of Event A when B already occurred.
P (A / B) = 0.2 or any number between 0 to 1
7
P (B / A)
Conditional Probability Function
Probability of Event B when A already occurred.
P (B / A) = 0.6 or any number between 0 to 1
8
μ         
Mean or population mean
Mean of population values
Mue = 10
9
f(t) or f(x)
pdf
Probability Density function
P (a ≤ t ≤ b) = ∫ f (t) dt, where t is any variable can be replaced by x or y etc.
10
F (t)
cdf
Cumulative distribution function
F(t) = P (T≤ t)     
11
E (X)
Expectation Value
Expected value of any random variable x
E (X) = 10
12
E (X / Y)
Conditional Expectation Value
Conditional Expected value of any random variable X given Y
E (X / Y) = 3
13
E (Y/ X)
Conditional Expectation Value
Conditional Expected value of any random variable Y given X
E (Y / X) = 2
14
Sigma 2 (σ 2)
Var(X)
Variance of random variable x
Var(x) = 16
15
Sigma (Capital)
Summation
Sum of all values in the range.
16
∑∑
Sigma (Capital) Sigma (Capital)
Double Summation
Sum of all values in the range.
17
Range
Range
Difference between maximum and minimum value
For series 2, 4, 6, 10, 10, 10, 20,40
Range= 40-2 = 38
18
MR
Mid-range
½(Maximum + Minimum )
For series 2, 4, 6, 10, 10, 10, 20,40
MR= ½(2 + 40) =21
19
Mo
Mode
Value that frequently occurs in data / population / series. Or
Maximum number of repetitions
For series 2, 4, 6, 10, 10, 10, 20,40
Mode = 10
20
X bar
 Sample Mean / average / Arithmetic Mean
Sum of all observations / No. of observations
For series 2, 4, 6, 10, 10, 10, 20,40
Mean = 1/8 (2+4+6+10+10 +10+20+40)
21
Std(X) or
σ(x)
Standard deviation
Standard deviation of random variable x = square root of variance
For any observation, if Var(x) = 16 then
Std(X) = 4
22
Median
Median
Mid value of x
For series 2, 4, 6, 10, 10, 10, 20,40
Median = 10
23
cov (x, y)
Covariance
Covariance of any random variable x and y
cov(x, y) = 4
24
corr (x, y)
Correlation
Correlation of any random variable x and y
Corr (x, y) = 4.5
25
ρ(x, y)   
Correlation
Correlation of any random variable x and y
ρ (x, y) = 4.5
26
Q
Quartile
% population are below this average on the basis of Q1, Q2, or Q3.

27
Q1
First Quartile / lower
25 % population are below this average or first quartile

28
Q2
Second Quartile / Median
50 % population are below this average
                               

29
Q3
Third Quartile / Upper
25 % population are above this average or
 75 % population are below this average

On having knowledge of the above Mathematical symbols of probability and statistics, we can easily enhance our subject ideas.


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