Chapter 5 - A survey of probability concepts. In this chapter, the learning objectives are: Define probability; describe the classical, empirical, and subjective approaches to probability; explain the terms experiment, event, outcome, permutations, and combinations; define the terms conditional probability and joint probability; calculate probabilities using the rules of addition and rules of multiplication. | Lecture Statistical techniques in business and economics (14/e): Chapter 5 - Lind, Marchal, Wathen
