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 ...
For example, the probability of getting a one when rolling a (standard) die is usually assumed to be one sixth. If you were given the extra information that the die roll was an odd number (hence 1, 3 ...
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