Probability and Statistics
This chapter reviews the probability and statistics you need to read the remainder of this book. In Section 2.1 we present the basics of probability theory, while in Section 2.2 we review random variables. Section 2.3 briefly discusses the meaning of probability. In Section 2.4 we show how random variables are used in practice. Finally, Section 2.5 reviews concepts in statistics, such as expected value, variance, and covariance.
2.1 Probability Basics
After defining probability spaces, we discuss conditional probability, independence and conditional independence, and Bayes’ Theorem.
2.1.1 Probability ...
Get Probabilistic Methods for Financial and Marketing Informatics now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
