Conditional Probability

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An updated probability assessment that takes into account additional information

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5 Terms

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A personal probability assessment.

A subjective probability assessment based on your own knowledge and experience:

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Mutually exclusive

Two events where one happening prevents the other from happening

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Independent events.

Events that have no affect on each other.

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A series of trials that either result as 1 or 0 or success (1) or failure (0).

Geometric experiment:

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