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grazing the maze of probability

The success rates of Cupid’s arrows

I advised a master’s student to use the binomial probability formula to determine the likelihood of attracting the affection of 15 girls, with Cupid’s success rate at 0.7. The analysis shows that the highest probability… 

Grazing the maze of probability

Supplementary materials for section Grazing the maze of probability & A random variable mood in the KSML app: Basic rules of probability: Mutually exclusive events Conditional probability for medical testing in a forestThe conditional probability… 

Bayes theorem in finance of a magical forest

Here, we denote by the event NOT . Example 1: Magical Investment Returns In the magical forest, gnomes invest in enchanted acorns, which sometimes turn into golden trees. A gnome named Glim invests in an… 

Conditional probability

Here, we denote by the event NOT . Example 1: Squirrel Flu Testing In a forest, a group of squirrels is concerned about a new illness called “Squirrel Flu.” It’s more dangerous than the ordinary… 

Permutation

A permutation refers to the arrangement of objects in a specific order. The order of arrangement is important in permutation. A permutation let us know how many different ways a set or number of things… 

Examples of Exponential distribution

The exponential distribution is commonly used to model the time between events in a Poisson process. It is defined by a single parameter, , which is the rate parameter. The probability density function (PDF) of… 

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