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  2. Urn problem - Wikipedia

    en.wikipedia.org/wiki/Urn_problem

    Hence, the number of total marbles in the urn decreases. This is referred to as "drawing without replacement", by opposition to "drawing with replacement". multivariate hypergeometric distribution: the balls are not returned to the urn once extracted, but with balls of more than two colors. [3]

  3. Hypergeometric distribution - Wikipedia

    en.wikipedia.org/wiki/Hypergeometric_distribution

    In probability theory and statistics, the hypergeometric distribution is a discrete probability distribution that describes the probability of successes (random draws for which the object drawn has a specified feature) in draws, without replacement, from a finite population of size that contains exactly objects with that feature, wherein each draw is either a success or a failure.

  4. Exchangeable random variables - Wikipedia

    en.wikipedia.org/wiki/Exchangeable_random_variables

    Formally, an exchangeable sequence of random variables is a finite or infinite sequence X 1, X 2, X 3, ... of random variables such that for any finite permutation σ of the indices 1, 2, 3, ..., (the permutation acts on only finitely many indices, with the rest fixed), the joint probability distribution of the permuted sequence

  5. Pólya urn model - Wikipedia

    en.wikipedia.org/wiki/Pólya_urn_model

    It is the opposite of sampling without replacement, where every time a particular value is observed, it is less likely to be observed again, whereas in a Pólya urn model, an observed value is more likely to be observed again. In a Pólya urn model, successive acts of measurement over time have less and less effect on future measurements ...

  6. Bernoulli trial - Wikipedia

    en.wikipedia.org/wiki/Bernoulli_trial

    Graphs of probability P of not observing independent events each of probability p after n Bernoulli trials vs np for various p.Three examples are shown: Blue curve: Throwing a 6-sided die 6 times gives a 33.5% chance that 6 (or any other given number) never turns up; it can be observed that as n increases, the probability of a 1/n-chance event never appearing after n tries rapidly converges to ...

  7. US 2025 Recession Odds Plummet: Good News Or Warning Sign? - AOL

    www.aol.com/us-2025-recession-odds-plummet...

    According to the New York Fed's recession model, there is a 29% probability that the U.S. will enter a recession by the end of 2025. This is a dramatic decline compared to the elevated ...

  8. Vandermonde's identity - Wikipedia

    en.wikipedia.org/wiki/Vandermonde's_identity

    The resulting probability distribution is the hypergeometric distribution. That is the probability distribution of the number of red marbles in r draws without replacement from an urn containing n red and m blue marbles.

  9. 13 Household Things That Cost Less To Replace Than Fix

    www.aol.com/finance/13-household-things-cost...

    12. Office Chairs. Fixing broken wheels or armrests can be pricey, especially on cheaper models. While some office chairs exceed $100 in price, there are less expensive ones that can be purchased ...