Probability Theory: Understanding Joint, Marginal, & Conditional Probability

Skillsoft issued completion badges are earned based on viewing the percentage required or receiving a passing score when assessment is required. Probability is all about estimating the likeliness of the occurrence of specific events. Use this course to learn more about defining and measuring joint, marginal, and conditional probabilities of events. Start by exploring the chain rule of probability and then use this rule to compute conditional probabilities of multiple events. You'll also investigate the steps involved in measuring the expected value of a random variable as the weighted sum of all outcomes, with each outcome weighted by its probability. By the time you finish this course, you will be able to compute joint, marginal, and conditional probabilities and the expected value of a random variable, as well as effectively utilize the chain rule of probability.