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kennamorgan35 started the topic Concept of conditional probability. How is it calculated? in the forum Dhamma 12 months 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