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A probability provides a quantitative description of the likely occurrence of a particular event.

2 votes

Calculating the probability of an inequality with two random variables

http://en.wikipedia.org/wiki/Slash_distribution It should be possible to derive the probability $<1/M$ from there. … The proportion of cases in which it is true would be the probability of your event. …
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Is there an index that quantifies the degree of independence of dependent random variables?

This is the linear regression coefficient in the simple linear model. If $$y_i=a+bx_i$$ with $i=1,...,n$, then $$b=cov(Y,X)/var(X).$$ Similarly, the Pearson correlation is defined as $$cov(Y,X)/(var(X …
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3 votes
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Given probability x, how likely is it that probability y is due to chance?

This probability is very small, so you can say with very low probability of error that observing 33 unique of 44 words was not caused by chance, because if the null hypothesis was true the pobability of … Put differently, position seems to have an impact on the probability of uniqueness. Only in a very small proportion of cases you would make an error when claiming this. …
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3 votes

which distribution should be used in this question?

So you have to to trial four times to have larger than 99% probability to have the first basket. If you trial $k=4$ times he of course may make more than one basket. … The probability distribution for the random number $Y$ of baskets made within $k$ trials then is binomial, as indicated by @Tim. …
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3 votes
2 answers
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Expressing the joint probabilities in a $2 \times 2$ table in terms of the marginal probabil...

Given a $2 \times 2$ contingency table with cell probabilities $$(\pi_{00}, \pi_{01},\pi_{10}, \pi_{11})$$ and marginal probabilities $$\pi_{+1}=\pi_{01}+\pi_{11}$$ and $$\pi_{1+}=\pi_{10}+\pi_{11},$$ …
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