Non-probability samples provide a challenging source of information for official statistics, because the data generating mechanism is unknown. Making inference from such samples therefore requires a ...

Bayes' theorem is a statistical formula used to calculate conditional probability. Learn how it works, how to calculate it step by step, and see real-world examples.

This course is compulsory on the BSc in Actuarial Science and BSc in Financial Mathematics and Statistics. This course is available on the BSc in Business Mathematics and Statistics, BSc in ...

05:10: The slide says “P(G,G,B)”, this is not quite the correct notation because this would normally be read as the probability of having 2 girls and a boy, but the point about multiplying independent ...

Confidence intervals are computed from a random sample and therefore they are also random. The long run behavior of a 95% confidence interval is such that we’d expect 95% of the confidence intervals ...

Probability Distribution Notes: Probability is a fundamental aspect of mathematics that helps us understand and quantify uncertainty. Mastery of this subject is essential for students, as it has ...