It is certain that this bus will either be late or not late, which is a probability of 1 The missing value of a probability can be worked out by subtracting the known probabilities from 1 (100% when ...

Probability is a fundamental concept in mathematics and statistics that deals with the likelihood of events occurring. It provides a framework for quantifying uncertainty and making predictions based ...

Let X1, X2, ... , Xn be independent random variables such that ai ≤ Xi ≤ bi, i=1, 2, ..., n. A class of upper bounds on the probability P(S-ES ≤ nδ) is derived ...

Let {X n, n ≥ 1} be a sequence of independent and identically distributed positive valued random variables with a common distribution function F. When F belongs to the domain of partial attraction of ...

For each event, A, in S, the probability of event A, P(A), is a measure of the likelihood that the event will occur. Axioms are statements that are accepted without proof. The provide the foundation ...

A discrete random variable is a type of random variable that can take on a countable set of distinct values. Common examples include the number of children in a family, the outcome of rolling a die, ...