Joint probability is a statistical measure that calculates the likelihood of two events occurring together and at the same point in time.

In order to overcome the problems existing in reservoir stage operation at present, a new method was proposed based on probability combination principle in probability theory, the equal formula of the ...

In this note we wish to pass along an example that we have found useful when introducing the concepts of conditional probability and Bayes' Rule to undergraduate students. The advantages of this ...

A disadvantage of the sequential probability ratio test is that in general the expected sample size is relatively large for values of the parameter between the two specified ones; that is, in cases in ...