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a priori Probability: the probability that we determine from knowing the process by which the uncertain event happens (by logically examining existing information). Certain Event: event that is sure ...

The world is full of uncertainty: accidents, storms, unruly financial markets, noisy communications. The world is also full of data. Probabilistic modeling and the related field of statistical ...

This comprehensive course bridges the gap between foundational statistical reasoning and practical applications related to business and engineering decision-making. Throughout the course, we’ll ...

Life rarely hands us neat examples, though. Events mix, overlap, depend on past outcomes and human behaviour. That’s where ...

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In this puzzle, you need to make use of probability to reach the final solution. Will you be able to solve it? Maths may not be everyone’s cup of tea, however, if it is yours, we have just the brain ...

There is a growing movement to introduce elements of statistics and probability into the secondary and even the elementary school curriculum, as part of basic literacy in mathematics. Although many ...

Probability is the theory that allows us to make an inference from a sample to a population. It provides the mathematical and theoretical basis for quantifying uncertainty. Probability is also used ...