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 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 …

A conditional probability would look at these two events in relationship with one another, such as the probability that it is both raining and you will need to go outside.

Free conditional probability math topic guide, including step-by-step examples, free practice questions, teaching tips and more!

Nov 17, 2025 · For dependent events, the conditional probability is affected by another event. For independent events, the conditional probability remains the same regardless of other events.

P (A|B) (the conditional probability of A given B) typically differs from P (B|A). For example, if a person has dengue fever, the person might have a 90% chance of being tested as positive for the disease.

For a conditional probability example, imagine we’re assessing the likelihood that someone owns a cat given the presence of an empty cardboard box on their floor.

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

How to handle Dependent Events. Life is full of random events! You need to get a feel for them to be a smart and successful person.