Two events are independent if the probability of the first event happening has no impact on the probability of the second event happening. For example, the probability of rolling a 6 on a die will not ...

Venn diagrams can be useful for organising information about frequencies and probabilities, which can then be used to solve conditional probability problems. 90 pupils were asked whether they owned a ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Thomas J Catalano is a CFP and Registered ...