Lightworks portable5/16/2023 ![]() ![]() independent events the outcome of one event does not affect the probability of the occurrence of the other event What is the difference between an outcome and an event? An outcome is the result of a single probability experiment. Law of Large Numbers as an experiment is repeated over and over the empirical probability of an event approaches the theoretical (actual) probability of the event subject probability intuition, educated guesses, and estimates (educated people with experiences) complement if event E the set of all outcomes in a sample space that are not included in event E Conditional Probability the probability of an event ( A ), given that another ( B ) has already occurred.
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