Bank exams typically feature questions on simple probability, conditional probability, combinations and permutations, events (independent and dependent), Bayes’ theorem, and sometimes more complex ...

In this notebook, I will show a trick of using NumPy to solve a classical conditional probability problem of random walks: > Give an standard random walk (start at origin and with the probability of ...

Possibility theory and conditional probability offer complementary perspectives for modelling uncertainty, with each framework contributing distinct advantages. Possibility theory, rooted in fuzzy set ...

Venn diagrams can be useful for organising information about frequencies and probabilities, which can then be used to solve conditional probability problems. 90 pupils were asked whether they owned a ...

90 pupils were asked whether they owned a laptop or a tablet device. 52 said they owned a laptop. 45 said they owned a tablet. 23 said they owned both. Find the probability that a pupil chosen at ...