December 2021
Beginner to intermediate
1168 pages
30h 17m
English
book
Microsoft Excel Data Analysis and Business Modeling (Office 2021 and Microsoft 365), 7th Edition
by Wayne Winston
Content preview from Microsoft Excel Data Analysis and Business Modeling (Office 2021 and Microsoft 365), 7th Edition
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Chapter 58
An introduction to probability
Questions answered in this chapter:
What are the definitions of an experiment, a sample space, and an event?
What are some axioms that event probabilities must satisfy?
What is the law of complements?
What are mutually exclusive events?
What is the additive rule for computing probabilities?
What are independent events?
What is conditional probability?
What is the law of total probability?
What is Bayes’ theorem?
Just about the only thing we can be certain of is that we live in an uncertain world. To be an intelligent consumer of the barrage of statistics and probabilities that we see every day, you must understand basic probability.
Answers to this chapter’s questions
What are the definitions of an ...
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O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.Julian F.
I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.