Here, we bring for you another tricky yet important concept to learn. ‘Probability’ is one important topic of Modern mathematics which has the potential to shoot up the scores of a CAT aspirant. Hence ...

Welcome to 6.431x, an introduction to probabilistic models, including random processes and the basic elements of statistical inference. The world is full of uncertainty: accidents, storms, unruly ...

At a conceptual level: Master the basic concepts associated with probability models . Be able to translate models described in words to mathematical ones. Understand the main concepts and assumptions ...

The world is full of uncertainty: accidents, storms, unruly financial markets, noisy communications. The world is also full of data. Probabilistic modeling and the related field of statistical ...

a priori Probability: the probability that we determine from knowing the process by which the uncertain event happens (by logically examining existing information). Certain Event: event that is sure ...

Probability is expressed as a number between 0 and 1, inclusive. A probability of 0 means the event will definitely not occur, while a probability of 1 signifies the event is certain to happen. In ...