sauravrt
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If A and B are two events and I want to look at their joint probability P(A.B) do I have to be concerned with the order in with A and B occur?
Saurav
Saurav
This discussion clarifies the concept of joint probability in the context of events with and without replacement. When dealing with events A and B, such as the accumulation of values, the order of occurrence is generally not a concern. However, in scenarios involving no-replacement, like drawing balls from a set, the order becomes crucial. Specifically, the joint probability P(RB) can be expressed using conditional probabilities, taking into account the no-replacement rule, thereby ensuring accurate calculations.
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