The hypergeometric distribution gives the probability of drawing a number of a type of elements from a dichotomous distribution, when we extract the elements at the same time…
Probability Calculus is the first lesson of the Statistics for Business course given by Full Professor Josemari Sarasola in the EHU/UPV Economics and Business Faculty in Donostia. You can find here the slides corresponding to that lesson in PDF format (suitable for laypersons). To start with, you should know probability is a number, between 0 and 1, measuring the uncertainty of a random event (0, total uncertainty; 1, total sureness).
You can also find all the course material here.
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