Let us understand conditional probability with an example. Let us find the conditional probability of getting at least two tails given that it is a head on the first toss when 3 coins are tossed.

Dec 6, 2025 · Conditional probability defines the probability of an event occurring based on a given condition or prior knowledge of another event. It is the likelihood of an event occurring, given that …

May 13, 2022 · This tutorial provides several examples of how conditional probability is used in real life situations.

Dec 24, 2025 · Conditional probability is the probability that an event occurs given the knowledge that another event has occurred. How does conditional probability differ for dependent and independent …

May 21, 2025 · Investors use conditional probability to make financial forecasts, based on the known probability of related events. For example, some stocks perform well during a recession, and others …

For example, the probability that any given person has a cough on any given day may be only 5%. But if we know or assume that the person is sick, then they are much more likely to be coughing.

Conditional probabilities allow you to evaluate how prior information affects probabilities. For example, what is the probability of A given B has occurred? When you incorporate existing facts into the …

Example: Tossing a coin. Each toss of a coin is a perfect isolated thing. What it did in the past will not affect the current toss. The chance is simply 1-in-2, or 50%, just like ANY toss of the coin. So each …

Examples on using the definition of conditional probabilities to solve problems are presented along with detailed solutions. More questions and their solutions are also included.

Conditional probability could describe an event like: Event A is that it is raining outside, and it has a 0.3 (30%) chance of raining today. Event B is that you will need to go outside, and that has a probability …