Take two events A and B. For example, let A be the event “Receive a score of 95% on the econometrics exam” and let B be the event “Study econometrics 12 hours a day”. We might be interested in the ...

Conditional probability, Independence and Bayes rule - A deeper mathematical explanation around Independence and theorems we have seen above (and some we shall cover in upcoming lessons).

Possibility theory and conditional probability offer complementary perspectives for modelling uncertainty, with each framework contributing distinct advantages. Possibility theory, rooted in fuzzy set ...

Gerolamo Cardano (1501-1576) wrote the first recorded definition of probability. Mlodinow (2009) paraphrased a modernized definition of probability from Cardano's work, Book on Games of Chance: ...

Author: Chris Boucher (March 2011). This app displays an intricate Venn diagram, containing various combinations of set intersections, unions and complements. Users can shade the area they choose by ...