Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

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 ...

We elaborate on an alternative representation of conditional probability to the usual tree diagram. We term the representation “turtleback diagram” for its resemblance to the pattern on turtle shells.

Mathematics Education, Faculty of Mathematics, University of Regensburg, Regensburg, Germany In their research articles, scholars often use 2 × 2 tables or tree diagrams including natural frequencies ...

1 Institute of Mathematics Education, University of Education, Freiburg, Freiburg, Germany 2 Institute of Mathematics, University of Kassel, Kassel, Germany It is an ongoing debate, what properties of ...

Decision tree. Management. Information symbolic representation. Isolated vector illustration probability tree stock illustrations Decision diagram color icon. Block chart. Problem solutions.