DR. KEYNES'S book is a searching analysis of the fundamental principles of the theory of probability and of the particular judgments involved in its application to concrete problems. He adopts the ...
The likelihood of all possible outcomes. The common example of a probability distribution is a coin toss, and the bell curve is the common expression of the distribution of events. THIS DEFINITION IS ...
- a measure of how likely it is that some event will occur; a number expressing the ratio of favorable cases to the whole number of cases possible Example - " the probability that an unbiased coin ...
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