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Exam (elaborations)

Summary Stochastic Modeling and Mathematical Statistics, ISBN: 9781466560475 introduction to statistics

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Everything you have learned about counting constitutes the basis for computing the probability of events to happen. In the following, we will use the notion experiment for a procedure that yields one of a given set of possible outcomes. This set of possible outcomes is called the sample space of the experiment. An event is a subset of the sample space.

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