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This article is offered as an example of a probability problem, simple to state, but rich enough to permit a variety of explorations by students with adequate analytical skills in an introductory ...
In this note we wish to pass along an example that we have found useful when introducing the concepts of conditional probability and Bayes' Rule to undergraduate students. The advantages of this ...
Prior probability, in Bayesian statistical inference, is the probability of an event based on established knowledge, before empirical data is collected.
Objective probability is the probability that an event will occur based on an analysis in which each measurement is based on a recorded observation.
Background The birthday paradox, also known as the birthday problem, states that in a random group of 23 people, there is about a 50 percent chance that two people have the same birthday. Is this ...
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