a priori Probability: the probability that we determine from knowing the process by which the uncertain event happens (by logically examining existing information). Certain Event: event that is sure ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Thomas J Catalano is a CFP and Registered ...

Male, grey hair, green top: If you had a dice, an ordinary dice and you threw it, well the probability of getting a one would be six to one. Male, yellow and grey t-shirt: Like with a coin, flip it ...