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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