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This video tutorial provides a basic introduction into conditional probability. It explains how to calculate it using sample space. It includes example problems with Venn diagrams and contingency tables. Probability - Free Formula Sheet: https://www.video-tutor.net/formula-sheets.html Statistics - Video Lessons: https://www.video-tutor.net ...
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Wealthiestcorner on Instagram: "Binomial distribution demystified in simple terms. It counts the number of successes in a fixed number of independent yes/no trials, each with the same probability of success. Think of it as perfect for situations like coin flips, product defects, or survey responses where outcomes are binary. One simple example: flipping a fair coin 5 times and finding the probability of getting exactly 3 heads. Mastering this unlocks predictions for countless real-world scenario
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Wealthiestcorner on Instagram: "Binomial distribution demystified in simple terms. It counts the number of successes in a fixed number of independent yes/no trials, each with the same probability of success. Think of it as perfect for situations like coin flips, product defects, or survey responses where outcomes are binary. One simple example: flipping a fair coin 5 times and finding the probability of getting exactly 3 heads. Mastering this unlocks predictions for countless real-world scenario
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36K views1 week ago