Trials and Events
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A long search for the essence of probability has culminated in a powerful and useful modern theory, which is highly sophisticated yet conceptually simple. As a mathematical discipline, probability theory is increasingly abstract in its formal expression, yet it is remarkably useful as a practical model for an extraordinary range of applied problems. This system has provided the basis for modeling in a growing array of applications in which the central notion is choice and decision under uncertainty.
KeywordsIndicator Function Basic Space Venn Diagram Boolean Combination Exclusive Event
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