What Is Conditional Probability? Conditional probability is defined as the likelihood of an event or…

The Multiplication Rule of Probability is a concept you will use frequently when solving probability…

1. The number rolled can be a 2. 2. The number rolled can be a 5. Events: These…

Axiomatic probability is a unifying probability theory. It sets down a set of axioms (rules) that…

The word probability has been used in a variety of ways since it was first applied to…

An event space contains all possible events for a given experiment or happening. An event is just a set of…

A Venn diagram uses overlapping circles or other shapes to illustrate the logical relationships between…

Rolling an ordinary six-sided die is a familiar example of a random experiment, an action for…

There are several types of correlation coefficient formulas. One of the most commonly used formulas…

Correlation coefficients are used in statistics to measure how strong a relationship is between two variables.…