Continuous Variable: can take on any value between two specified values. Obtained by measuring. Discrete Variable: not continuous variable (cannot take on any value between two specified values).

a priori Probability: the probability that we determine from knowing the process by which the uncertain event happens (by logically examining existing information). Certain Event: event that is sure ...

One of the goals of statistics is to make inferences about population parameters from a limited set of observations. Last month, we showed how Bayes' theorem is used to update probability estimates as ...

Astronomers say 3I/ATLAS is so unusual that it is forcing a rethink of probability distributions used to model interstellar object properties.

The basic principle of probability applies to a near infinite parade of situations. Basically, analysts use probability as a means of determining the likelihood of outcomes and occurrences given a ...