Measure of likelihood of an event when another event is known to have occurred.
Conditional probability is a fundamental concept in statistics that measures the likelihood of an event occurring, given that another event has already occurred. This concept is crucial in many real-world scenarios, from medical diagnoses to weather forecasting.
Conditional probability is defined as the probability of an event (A), given that another (B) has already occurred. If the event of interest is A and event B has already occurred, the conditional probability of A given B is usually written as P(A|B).
Bayes' theorem, named after Thomas Bayes, provides a way to revise existing predictions or theories given new or additional evidence. In terms of probability, it offers a mathematical method for updating probabilities based on new data.
The formula for Bayes' theorem is:
P(A|B) = [P(B|A) * P(A)] / P(B)
Where:
Bayes' theorem is widely used in various fields, including medical testing, where it is used to calculate the probability of a disease given a positive or negative test result.
In probability theory, events are classified as either independent or dependent.
Independent events are those where the occurrence of one event does not affect the occurrence of another. For example, flipping a coin and rolling a dice are independent events because the outcome of the coin flip does not affect the outcome of the dice roll.
Dependent events, on the other hand, are events where the occurrence of one event does affect the occurrence of another. For example, the probability of drawing a queen from a deck of cards changes if a card is not replaced after being drawn.
Understanding the difference between these types of events is crucial when calculating conditional probabilities.
Conditional probability is a powerful tool in statistics that allows us to update our predictions based on new information. By understanding conditional probability, Bayes' theorem, and the difference between independent and dependent events, we can make more accurate predictions and better understand the world around us.