Hi, I have a simple probability problem that I need help with. <BR><BR>I have two groups of marbles, blue and red, 4 each, for a total of 8. I am trying to figure out what the probability is of ...

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 ...

Life gets busy, and sometimes those basic math skills from school days get a little rusty. Whether you're budgeting, measuring for a DIY project, or just having a math-related brain teaser thrown your ...

The problem Litt posted was: 'Suppose you have a urn containing 100 balls, n of which are red and 100-n are green, where n is uniformly distributed between 0 and 100. You randomly draw a ball from the ...

Forbes contributors publish independent expert analyses and insights. Writes about the future of finance and technology, follow for more. Joint probability teaches us to calculate combined outcomes.