Chain Rule of Probability Theory
Introduction This is my third post on the probability theory: Basic Probability Two Random Variables The main focus of the series is on easy introduction to probability theory. A bit of recap : in the last post of Two Random Variables, I discussed probabilities of two random events including joint, conditional and marginal probabilities. That post was about probabilities of two dependent and independent events. The example was whether Emily and I go to Paris next year. If Emily and I did not know each other, Emily visiting Paris next year would have no impact on my chance of going to Paris (two events were independent). On the other hand, if I knew Emily and she text me about her trip to Paris, that could affect my chance of visiting Paris next year (two events were dependent). This post focuses on generalisation of multiple events and random variables. So, I am introducing a new event. An alien is visiting Paris. We need to think about how this event will impact chances of my and...