Category: Statistics

What is it, everyone has a sense. There are several formal definitions of probability. Let a weather forecast man says that next day there is a 50% chance of rain. Now what this 50% actually …

If the probability of any event depends on the occurrence of some other event then, it is called conditional probability. Suppose “x” is the event. Event “X” is called conditional probability if it depends on …

Suppose a sample space “S” consists of “N” outcomes and the probability of each outcome is equally likely. The two events exist from the same sample space containing n1 and n2 outcomes respectively. Events are …

First go through the mutually exclusive events. These are the two or more than two events that have nothing in common. Theorem for Addition law of mutually exclusive events states that: If there are two …

Relative frequency is the ratio between the observed frequency of an outcome and the total frequency of any random experiment. Relative frequencies will not be equal, if number of relative frequencies are evaluated from the …

Reduced sample space is used during solving probability problems. When additional information is mentioned about the experiment, then the sample space “S” will be reduced sample space. The symbol for reduced sample space is “Sr”. …

Definitions When a sample space is distributed down into some mutually exclusive events such that their union forms the sample space itself, then such events are called exhaustive events. OR When two or more events …

Events are mutually inclusive, when there is something in common between two or more events. OR Two or more events are said to be mutually inclusive events, if they can occur together in a single …

Mutually exclusive events or disjoint events are the two events that don’t have anything in common. Or it can also be defined as; mutually exclusive events are the two or more than two events that …