Probability is about estimating or calculating how likely or 'probable' something is to happen. The chance of an event happening can be described in words, for example ‘certain’, ‘impossible ...

Explain why probability is important to statistics and data science. See the relationship between conditional and independent events in a statistical experiment. Calculate the expectation and variance ...

The recent correction in the stock market has yet to trigger a clear recession warning for the US economy, based on a model ...

Probability or chance is how likely something is to happen. Probabilities are most commonly shown as fractions. The probability of getting 'tails' when you toss a coin is a 1 in 2 chance, or 1/2 ...