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.

A core of basic mathematics, probability and statistics provides you with the fundamental knowledge and skills, and the basis for more advanced work later on. Core material is covered in the first ...

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 ...

CBSE 12th Maths Probability Formulas: Check here for all the important formulas of mathematics chapter 13 Probability of Class 12, along with major definitions and examples.