CHAPTER6

Introduction to Probability

In This Chapter

  • Distinguish between classical, empirical, and subjective probability
  • Use frequency distributions to calculate probability
  • Understand the relationship between events
  • Demonstrate the intersection and union of events using a Venn diagram

As we leave the happy world of descriptive statistics, you may feel like you’re ready to take on the challenge of inferential statistics. But before we enter that realm, we need to arm ourselves with probability theory. Accurately predicting the probability that an event will occur has widespread applications. For instance, the gaming industry uses probability ...

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