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kennamorgan35 started the topic Concept of conditional probability. How is it calculated? in the forum Dhamma 2 months, 3 weeks ago
Conditional probability, which is very important in statistics, looks at how likely an event is if another one has already happened. Determined as P(A|B) = P(A and B)/P(B), it’s applied in different fields like medical services (diagnosing sicknesses post-test) and money (foreseeing stock execution in view of market patterns). It is essential to…Read more