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Probability – L02.5 A Radar Example and Three Basic Tools

Let us now examine what conditional probabilities are good for. We have already discussed that they are used to revise a model when we get new information, but there is another way in which they arise. We can use conditional probabilities to build a multi-stage model of a probabilistic experiment. We will illustrate this through …

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Probability – L02.4 Conditional Probabilities Obey the Same Axioms

I now want to emphasize an important point. Conditional probabilities are just the same as ordinary probabilities applied to a different situation. They do not taste or smell or behave any differently than ordinary probabilities. What do I mean by that? I mean that they satisfy the usual probability axioms. For example, ordinary probabilities must …

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Probability – L02.2 Conditional Probabilities

Conditional probabilities are probabilities associated with a revised model that takes into account some additional information about the outcome of a probabilistic experiment. The question is how to carry out this revision of our model. We will give a mathematical definition of conditional probabilities, but first let us motivate this definition by examining a simple …

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Probability – L01.10 Interpretations & Uses of Probabilities

We end this lecture sequence by stepping back to discuss what probability theory really is and what exactly is the meaning of the word probability. In the most narrow view, probability theory is just a branch of mathematics. We start with some axioms. We consider models that satisfy these axioms, and we establish some consequences, …

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