The simple probability of occurrence of an event is called the
A. Joint Probability
B. Marginal probability
C. Conditional Probability D. Bayesian Probability
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Explanation:
conditional probability
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The simple probability of occurrence of an event is called the Marginal probability.
- B. Marginal probability is the correct option.
- The answer to the question would be the marginal probability because this is the only event we are uncertain about and it is not conditioned on any other event. Marginal probability is the probability of an event irrespective of the result of another variable.
- Probabilities can be either marginal, joint or conditional.
- Joint probabilities are probabilities of numerous events happening at the same time.
- Conditional probabilities are probabilities of an event provided that another event already happened.
- Bayesian probabilities are unique conditional probabilities that can be inferred from previous probabilities and a cast conditional probability.
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