For any collection of exchangeable events A1, A2, ⋯, Ak the Bonferroni inequalities are usually stated in the form max {N0, N2, ⋯, Nke } ≤ P{∪k i=1 Ai} ≤ ...
Learn how prior probability informs economic theory and decision-making in Bayesian statistics. Understand its role before collecting new data.
Welcome to The Riddler. Every week, I offer up problems related to the things we hold dear around here: math, logic and probability. Two puzzles are presented each week: the Riddler Express for those ...