Abstract
In this short chapter we will go through the basic definitions of probability. To ease the exposition, we will only discuss very simple examples. It is important to notice that the concepts we develop in this chapter are central to all thinking about statistics. Regardless of level and purpose these concepts provide tools that can be used to describe statistical methods. From this point of view the theory provides us with a framework that can be used to study any statistical phenomenon.
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Ubøe, J. (2017). Probability. In: Introductory Statistics for Business and Economics. Springer Texts in Business and Economics. Springer, Cham. https://doi.org/10.1007/978-3-319-70936-9_2
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DOI: https://doi.org/10.1007/978-3-319-70936-9_2
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Publisher Name: Springer, Cham
Print ISBN: 978-3-319-70935-2
Online ISBN: 978-3-319-70936-9
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