Key points Listing outcomes to find the probability of combined events Examples Questions Using sample space diagrams to find the probability of combined events Examples Question Taking a logical and ...
Sample space is a term used in mathematics to mean all possible outcomes. For example, the sample space for rolling a normal dice is {1,2,3,4,5,6} as these are all the only outcomes we can obtain. The ...
Learn how prior probability informs economic theory and decision-making in Bayesian statistics. Understand its role before collecting new data.
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