Foundation of Probability Theory Basic Concepts of Probability Basic Concepts of Probability Definition 2.Sample Space The possible outcomes of a random experiment are called "basic outcomes",and the set of all basic outcomes constitutes "the sample space",which is denoted by S. Flipping a Coin Rolling a Six Sided Dice Spinning a 4 color spinner Rolling a Weighted Dice 6 red yellow 545 6 blue green 6 SAMPLE SPACE SAMPLE SPACE SAMPLE SPACE SAMPLE SPACE Head,Tail} {1,2,3,4,5,6} (Red,Yellow,Green,Blue} {4,5,6 Uniform Uniform Uniform Not Uniform Foundation of Probability Theory Introduction to Statistics and Econometrics May22,2019 9/248Foundation of Probability Theory Introduction to Statistics and Econometrics May 22, 2019 9/248 Basic Concepts of Probability Foundation of Probability Theory Basic Concepts of Probability Definition 2. [ Sample Space ] The possible outcomes of a random experiment are called "basic outcomes", and the set of all basic outcomes constitutes "the sample space", which is denoted by S